Following the decision by Eddie Stobart Logistics (ESL) shareholders at an emergency general meeting today (Friday, 6 December) to give the go ahead for the sale of the company to venture capitalists Douglas Bay Capital (DBay), Unite national officer for road transport Adrian Jones said:

“Unite is already in the process of seeking an urgent meeting with the new owners to discover what plans DBay have for the short, medium and long term future of the company.

“The recent financial problems experienced by Stobart’s has led to our members at the company becoming very anxious about their employment. A situation made worse by the lack of information provided.

“Unite hopes that early discussions will pave the way for an improved industrial relations climate with Stobart’s.

“However, the new owners need to be fully aware that Unite will not allow profits to be ramped up at the expense of our members’ jobs, pay or conditions.”

Unite has around a 1,000 members at the company. 

ENDS

Notes to editors: 

Stobart workforce risk being latest victims of ‘bandit capitalism’; warns Unite

For more information please contact Unite senior communications officer Barckley Sumner on 07802 329235 or 0203 371 2067.

Email: barckley.sumner@unitetheunion.org

Unite is Britain and Ireland’s largest union with members working across all sectors of the economy. The general secretary is Len McCluskey.