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Eddie Stobart in buyout deal that values company at £280m
5:11pm Thursday 6th March 2014 in News
CUMBRIAN haulage and logistics company Eddie Stobart is being sold by its parent, the Stobart Group, in a deal that values the company at £280m.
The majority stake was bought by a team led by William Stobart and backed by DouglasBay Capital.
William Stobart will leave the Carlisle-based group's board to become chief executive of Eddie Stobart Logistics and lead it as a private company.
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