Key takeaways:
- Braid Logistics (UK) Limited is expected to enter liquidation as part of a wider group restructuring.
- The company reportedly still had around £20.4 million in net assets at the end of 2025.
- Braid was acquired by Hillebrand in 2020, before Hillebrand itself became part of DHL in 2022.
- DHL paid around €1.5 billion for the Hillebrand group.
A Scottish logistics business whose history stretches back to the 1950s is expected to disappear as a standalone company following years of consolidation under DHL.
Braid Logistics (UK) Limited, based in Renfrew, is being prepared for liquidation following a wider restructuring of the group to which it belongs, according to details contained in its latest accounts reported this…