Stobart Group has announced it will change its name to Esken Limited after two trademarks were sold for £10m.
The Carlisle-based aviation and energy infrastructure group sold the Eddie Stobart and Stobart trademarks to Eddie Stobart Logistics back in May, with the name change set to take effect by the end of February.
An announcement to the markets on Monday said Stobart Group's operating divisions may continue to use the brand to May 2023 - and London Southend Airport will not change its name.
A general meeting will be held on February 3 to obtain shareholder approval for the change.
The announcement said: "The Company's stock market ticker will become ESKN from 8am on the day following the General Meeting and its ISIN will remain unchanged.
"Shareholders are encouraged to exercise their right to vote and, accordingly, it is strongly recommended that shareholders vote by way of proxy."
