UK supply chain specialist Gist has taken over Scottish temperature controlled distribution operator G&S International
A key transport operator, particularly in the chilled and perishables sector, G&S International operates in the UK, Holland and Spain
Gist operates out of 35 locations, providing a full range of intellectual and asset-based business offerings in the UK and continental Europe
The G&S operations are a good strategic fit with Gist's already strong presence in the temperature controlled distribution sector both in the UK and continental Europe
G&S International employees will transfer to Gist Assets including trucks, IT and warehousing have been purchased by Gist
Fred Green, President and Chief Executive Officer, departing after 34 years of service.
The Group delivered a profit of USD 1.2bn (USD 1.2bn) and a return on invested capital (ROIC) of 10.0% (11.7%) for Q1.
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