Former type Private Revenue £662.1 million (2009) Ceased operations 2011 | Defunct 2011 Website www.tdg.eu.com Number of employees 6,500 (2009) Key people Mike Branigan, CEO | |
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Industry Supply chain managementLogistics Founded 1922, London, United Kingdom |
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.
Contents
History
The Company was formed in 1922 as The General Lighterage Co Ltd. It was first listed on the London Stock Exchange in 1950 and changed its name to Transport Development Group in 1957. It started to expand into Europe in 1963 and acquired Van Straaten in the Netherlands in 1999. The name changed to TDG plc in 2000. The Company acquired IWT Holdings, an Irish logistics business, in 2001, Mond & Cie, a Belgian logistics business, in 2006 and Doman S.A., a Spanish logistics business, in 2007.
In 2008 TDG was taken private by the Laxey Investment Trust (later renamed Douglas Bay Capital) through Laxey Logistics Ltd and was subsequently removed from London Stock Exchange.
On the 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 the 29 March 2011 following approval from the European Commission.
Activities
The company is organised into four sectors; Transport and Distribution, Warehousing and Storage, International Services and Support Services and offers the following services: