TDG Limited
TDG Limited was a goods transportation, distribution, warehousing and supply chain management company based in England with offices also in Ireland, Belgium, the Netherlands, Spain, Hungary and Germany.
Private | |
Industry | Supply chain management Logistics |
Founded | 1922 |
Defunct | March 2011 |
Headquarters | London, England, United Kingdom |
Key people | Mike Branigan, CEO |
Revenue | £662.1 million (2009) |
Number of employees | 6,500 (2009) |
Parent | Norbert Dentressangle |
Website | www.tdg.eu.com |
History
The company was formed in 1922 as The General Lighterage Co Ltd.[1] It was first listed on the London Stock Exchange in 1950, and changed its name to Transport Development Group in 1957.[1] It started to expand into Europe in 1963, and acquired Van Straaten in the Netherlands in August 1999.[2] The name changed to TDG plc in 2000.[1]
The company acquired IWT Holdings, an Irish logistics business, in August 2001,[3] Mond & Cie, a Belgian logistics business, in March 2006[4] and Doman S.A., a Spanish logistics business, in February 2007.[5] In July 2008, TDG was taken private by the Laxey Investment Trust (later renamed Douglas Bay Capital) through Laxey Logistics and was subsequently removed from London Stock Exchange.[6]
On 26 November 2010, Norbert Dentressangle reached an agreement to buy Laxey Logistics Ltd (which owns 100% of TDG Ltd and all its subsidiaries) from Douglas Bay Capital. The transaction was completed on 29 March 2011, following approval from the European Commission.[7][8]
Activities
The company is organised into four sectors; Transport and Distribution, Warehousing and Storage, International Services and Support Services [9] and offers the following services:[10]
- Logistics warehousing and shared user warehousing
- Transport logistics, hazardous goods transport, bulk and packed chemical transport
- Distribution logistics, 3PL, High-Cube transport network
- Flexible end to end supply chain management
- Bulk chemical storage and hazardous goods warehousing
- Temperature controlled warehousing and distribution
- International freight forwarding by air, sea or road
- 4PL services that maximise efficiency and reduce costs
- Customs brokerage services
- Value added services including: tank cleaning, drumming, blending, mixing, contract packing and IBC cleaning and management.
References
- TDG: History
- Transport Development Group buys Van Straaten from WM Holdings GmbH Mergers & Acquisitions, 25 August 1999
- TDG plc acquires IWT Worldwide Logistics Mergers & Acquisitions, 1 August 2001
- TDG plc acquires Mond & Cie Mergers & Acquisitions, 1 March 2006
- TDG plc acquires Doman S.A. Mergers & Acquisitions, 28 February 2007
- Laxey agrees to buy UK's TDG for $403 m Reuters, 4 July 2008
- Norbert Dentressangle buys TDG Retail Gazette
- Norbert Dentressangle completes acquisition of TDG
- TDG - Sectors
- TDG - Capabilities