Clipper buys Tesam Distribution for £11.75m
Clipper Logistics has acquired Tesam Distribution, the Peterborough-based retail distribution specialist, in a deal worth £11.75 million. Tesam produced an operating profit (EBIT) of £1.8m on sales of £19.6m in the year to 30 June 2016. It operates from three sites in and around Peterborough totalling more than 1.1m square feet of space, was established…