Dragon's purchase
PALL-EX, the European palletised freight network owned by Hilary Devey of TV's Dragons' Den fame, has bought Launceston-based haulage firm Intercounty Distribution.
Commenting on the announcement, Pall-Ex's managing director Adrian Russell said: "The opportunity was presented to us after Intercounty's managing director Nick Coombes announced his retirement earlier this year. We are happy that Nick has decided to stay in his role a little longer to oversee the acquisition."
The move will see Intercounty's current workforce of 40 and their 20 trucks staying in place at the Launceston depot, supported by Pall-Ex's own corporate team.
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