Tuffnells owner Connect Group has completed the sale of its care and education division to education resource provider RM. Connect’s sale of the division to RM for £64.4m, including £56.5m cash and a deficit of £7.9m relating to the business’s pension fun, was announced in February this year. In April the Competition and Markets Authority (CMA) launched an investigation into whether the deal would lead to a “substantial lessening of competition” in the sector. However it received unconditional clearance from […]
The Big Green Parcel Machine is continuing to exceed Connect Group’s expectations.
News distribution specialist CM Downton has secured its first contract with Connect Group’s Smiths News.
Increased volumes at Tuffnells Parcels Express and Pass My Parcel failed to offset falling newspaper and magazine sales in a recent trading update from Connect Group, which saw its turnover take a hit.