10/07/13….Beleaguered Thame transport company rescued
INTEROUTE Transport Services, which went into administration on May 17, has been taken on by Gregory Distribution who has bought the business and assets of the Thame-based company.
Devon-based Gregory paid an undisclosed sum to acquire the Thame distribution specialist based in Rycote Lane, Thame.
A total of 27 employees have transferred to Gregory and all key customers have been retained as part of the deal.
Gregory, which can trace its history back to 1919, stated that the operation has a “very strong fit” with its existing sites which includes transport operations at nearby Bicester, Minworth and Milton Keynes.