The acquisition of this iconic 100 year old distribution business marks the return of the HLD Group to the logistics and distribution sector providing a logistics arm to support its growing manufacturing and industrial portfolio of companies.
The Chief Executive of HLD Group, commented: “I am pleased to welcome Clugston Distribution and all their talented employees into our Group. CDSL is an iconic brand and has a fantastic heritage within the specialised logistics sector. We are committed to supporting the business as it looks to double its size over the next five years and with this in mind we have appointed Alistair Clugston, the grandson of the original founder as the new CEO of the business to oversee and drive that growth”
Alistair Clugston, Chief Executive Officer of CDSL responded “Under the ownership of the HLD group I am looking forward to seeing the company my grandfather founded deliver on the next stage of its growth. Clugston distribution already has a strong reputation in specialist areas of distribution such as fuel delivery, bulk powder delivery, specialist foodstuffs and silo evacuation. I intend to grow these existing areas of the business and introduce new disciplines building on the tremendous knowledge base we have built around these areas over the last 100 years. We have a great team here at CDSL, in some cases three generations of the same family have worked with us. We will build on that loyalty and our history to make CDSL the leading specialist distributor in the UK”
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