DX Group has announced a major new contract with Avon UK a week after plummeting share prices prompted its largest shareholder to call for the removal of two board members. The three-year deal is already underway and is worth in excess of £10m a year. DX chief executive Petar Cvetkovic said the win highlighted the capability of the ‘OneDX’ business development programme, which was heavily criticised by shareholder Gatemore Capital Management last week. Cvetkovich said: “The bespoke logistics solution we […]
The CEO and financial director of DX Group have stepped down with immediate effect after what the business described as an “exceptionally difficult year”.
The DX Group and John Menzies Distribution merger could be sealed this summer after both boards approved a revised offer that satisfies objections from a major shareholder.
Expect Distribution has signed a three-year warehousing and distribution contract with Lansinoh Laboratories, a supplier of breastfeeding products.