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Innovate partner
30th March 2006, Page 7
30th March 2006
Page 7
Page 7, 30th March 2006
— Innovate partner
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Innovate Logistics, headed by Pete Osborne, has formed a joint venture with Icelandic shipping and logistics group Eimskip, part of Avion Group, a £586m company, which will take a 50% stake in Innovate Group. This follows Innovate's recent acquisition of Grampian Country Transport for an undisclosed sum.