News distribution specialist CM Downton has secured its first contract with Connect Group’s Smiths News. Smiths News, sister company to Tuffnells Parcel Express, has a 55% market share of the news distribution industry. Downton’s contract with the group will see the operator perform multiple daily trunks of magazines between a Smiths News magazine hub in Hemel Hempstead and depots in Stevenage and Hornsey. Downton said its experience in the print sector helped it secure the deal in a competitive tender. […]
FRP Advisory, the administrators of Charles Gee Group, has confirmed to Motortransport.co.uk that it is still seeking a buyer for some of its road transport interests.
CM Downton’s acquisition of C&H (Hauliers) in 2013 helped boost turnover by 15% year-on-year, according to its most recent filings at Companies House.