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28 September 2006 - 3:23pm Corby Chilled Distribution Ltd Acquired by Innovate

Innovate Logistics is now the largest temperature controlled storage and distribution operation in the
UK, following the acquisition by its parent Innovate Holdings of the entire business of Corby Chilled Distribution Ltd (CCD).
The acquisition is the latest phase of Innovate’s strategy for growth driven by a determination to provide the best and broadest range of services to its retail and food service customers within the
UK chilled and frozen food industry.

Corby Chilled Distribution will retain its branding and continue to be operated as a separate entity. Iain Stewart, managing director of CCD and Carol Simey, CCD’s financial director, both former shareholders of CCD, will remain with the business. Mr Stewart has been named chief operating officer; Mrs Simey’s role remains unchanged and under the direction of Innovate Logistics’ chief executive officer Pete Osborne, both will work to develop and grow the CCD brand and network.

Corby Chilled Distribution will retain its branding and continue to be operated as a separate entity. Iain Stewart, managing director of CCD and Carol Simey, CCD’s financial director, both former shareholders of CCD, will remain with the business. Mr Stewart has been named chief operating officer; Mrs Simey’s role remains unchanged and under the direction of Innovate Logistics’ chief executive officer Pete Osborne, both will work to develop and grow the CCD brand and network. Said Pete Osborne: “We have had our eye on the Corby Chilled Distribution business for quite some time. Our two organisations share a commitment to high standards and the combined operations will enable us to deliver a service that will be second to none in terms of chilled and frozen storage, distribution and cost effective supply chain management.

 

 

Innovate Logistics Limited, Lake View Drive, Sherwood Business Park, Annesley, Nottingham, NG15 0DA
Tel: 01623 727250 Fax: 01623 727299 info@innovatelogistics.com
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