HOYER Petrolog Ltd Joint Venture
HOYER is pleased to announce the creation of a joint venture with DHL Supply Chain that will provide bulk fuel delivery services to UK supermarkets.
Built around DHL’s long standing relationships for the delivery of bulk fuels to the supermarket forecourts and distribution centres of Asda and Morrisons, the joint venture will initially command resources in excess of 120 vehicles and over 450 highly skilled tanker drivers and staff.
The new joint venture, which will be set up as a limited liability company named Fuels Transport & Logistics Ltd, is subject to completion of a consultation process with staff and merger clearance from the UK Competition & Markets Authority.
The partnership will bring together two respected and high profile names in the critical bulk fuels delivery sector of the logistics market whilst helping maintain and improve security of supply and providing greater flexibility to manage this increasingly volatile and demanding sector of the market.