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NFC is to sell its Allied Pickfords removals business to US private equity group Clayton Dublier & Rice, as part of a strategy to focus on logistics and project management.
NFC is selling its Isotrack in-cab communications business to management in a £4.5m deal, and the proceeds will be invested in its logistics business.
NFC has acquired Xpress Group, the provider of wheel assembly services, for £4m, in order to expand its automotive logistics business.
NFC is to acquire Vanguard Engineering, the industrial plant relocation business, and will merge it with Pickfords Industrial.
NFC has acquired Walsh Western Group, the electronics logistics company that operates in Ireland, the UK and the Netherlands, for £8m.