From 8am today, Warrington-based logistic company Eddie Stobart is now trading as Logistics Development Group.
The company name change is said to better reflect its new status as an AIM investing company. The website address was also updated to www.ldgplc.com.
The name change was originally announced in a statement last December. At the time the company’s chairman Adrian Collins said: “We are pleased to have conditionally raised £9 million, more than meeting our previously-announced technical requirement to raise £6 million to complete our conversion to an AIM investing company.
“Today we have also announced that we intend to change the name of the Company to Logistics Development Group plc. This marks our transition to a growth-focused investment vehicle whilst further delineating the Company from the Eddie Stobart business, in which we hold an indirect interest and which, as previously announced, has returned to profitability and firmly put its past challenges behind it.”
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