Esken Limited, formerly Stobart Group Limited, is a British infrastructure, aviation and energy company, with operations in the United Kingdom and Ireland.
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17 Facts About Stobart Group
3.
The Group retained the rights to the brand Eddie Stobart, licensing it out to the new company.
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4.
In June 2018, Andrew Tinkler left the company and in May 2020, Stobart Group announced the sale of the Eddie Stobart and Stobart brand names to Eddie Stobart Logistics, requiring it to change its corporate name by February 2021.
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5.
In January 2021, Stobart Group announced that following shareholder approval, it would change its name to "Esken Limited" in February 2021.
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6.
Westbury acquired the ultimate Eddie Stobart Ltd holding company, Stobart Holdings Ltd, from W A Developments International Ltd for £137.
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7.
In January 2012, the Stobart Group announced it was buying back its former commercial property portfolio which it sold to WA Developments in 2007, by acquiring WADI Properties Ltd for £12.
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8.
Stobart Group's remit was to sell off under-performing parts of the business.
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9.
In October 2013, Stobart Group appointed Iain Ferguson CBE as independent Non-Executive Chairman.
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10.
On Thursday 14 June 2018, it was announced that Stobart Group had removed its Executive Director and former Chief Executive Andrew Tinkler from its board of directors.
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12.
In 2006, Stobart Group had been considering expanding into the air freight business.
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13.
On 11 October 2010, the Stobart Group announced that it was purchasing 35 convertible preference shares of €1 each in the parent company of the Irish airline Aer Arann, Everdeal Ltd, through its subsidiary Aer Arann UK Ltd, for €2.
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14.
Stobart Group had an option to increase its stake by a further 27.
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15.
On 27 April 2020, Stobart Group bought back Stobart Air and Propius Leasing from Connect Airways administrators EY, for an initial payment of £300,000 and deferred consideration that could total £8.
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16.
In return for the reverse takeover deal in 2007 which saw Westbury become the new Stobart Group, Westbury sold the bulk of its commercial property portfolio, Westbury Properties Ltd.
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17.
Stobart Group Rail operates the Southend Airport railway station which it opened on 18 July 2011.
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