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Xpediator to sell subsidiary EshopWedrop to Inert Logistics for £0.3m
StockMarketWire.com
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Freight management services Xpediator said it had entered into an agreement to sell its subsidiary EshopWedrop to Inert Logistics for £0.3 million.
The company took a net loss of £0.4 million on the sale, which was expected to be completed on 31 December 2020.
On completion of the sale, the company said it would benefit from annualised cost savings of £0.35 million.
Story provided by StockMarketWire.com
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