Praetura-backed Challenge Group acquired TRG Logistics.

Challenge Group – a logistics recruitment and distribution company – backed by Praetura, has acquired TRG Logistics to form one of the largest independent providers of HGV drivers and warehouse staff in the UK. Financial terms were not disclosed. Challenge TRG Group, which will have a combined turnover of £120m, will collectively employ around 4k temporary workers and 150 permanent employees, and will continue to operate from two HQ sites in the north and south – Wigan, Greater Manchester and Banstead, Surrey – alongside its regional hub structure, providing UK-wide support to its clients with offices from Livingston to Avonmouth. “Merging with Challenge Group was a natural move for TRG, as both companies share a number of important synergies – not only in our commitment to service delivery, but the culture and ethos that underpins how we operate. I’m confident that together we will provide some of the industry’s biggest players with excellent manpower across the industrial and transport sectors.” Nick Gordon, TRG CEO.