Tuesday 27 August 2013

A Report on BCA's Acquisition of the logistics company NKL Automotive

British Car Auctions (BCA) has announced that it has acquired NKL Automotive, the Goole-based logistics firm. It is expected that this deal will lead to BCA Logistics' creation as well as boosting the company's current offering. "BCA Logistics handles over a quarter of a million vehicle moves annually, and this acquisition further enhances the range and flexibility of services we can offer our customers. BCA Logistics will also utilise the NKL Goole facility to offer additional storage and refurbishment services," said Jonathan Higham,  BCA Logistics director.

As part of this acquisition, BCA will take charge of the development of several additional premium services for manufacturer, lease, and fleet customers. While this agreement's monetary value was not disclosed, about 200 drivers and operational staff of NKL are likely to join BCA in this acquisition. Also, there has been no discussion or statement on whether or not it will help yield more logistics recruitment agencies jobs at http://www.castuk.com/logistics-jobs-recruitment . However, this acquisition marks a significant step on the part of both organisations.

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