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By Jon Robinson A logistics and delivery group has been valued at almost £50m as a majority stake was snapped up by a listed company based in Sweden. Elanders Group has acquired nearly 90 per cent of Royal Wootton Bassett-based Bishopsgate Specialist Installations, which had previously been part of Master Removers Group. The company has around 250 employees and had sales of £27m during the last 12 months. Elanders has signed an agreement to acquire 88.5 per cent of the shares in Bishopsgate in a deal which values it at £47.5m. The acquisition is conditional on the fulfilment of customary contr…

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