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UK's TPA Capital buys stake in haulage network operator

U.K.-based private equity firm TPA Capital LLP purchased a controlling stake in haulage network operator Pallet Track Ltd. for an undisclosed sum, Insider Media Ltd. reported.

Pallet Track comprises close to 90 hauler members and processes about 3.5 million pallets per year through its main central hub in Wolverhampton, U.K., and sites in Wigan, Hailsham, Redhill and Welwyn Garden City.