The deal that would have see DX Group acquire Menzies Distribution has been called off, and a new board of directors is set to be installed at DX under the guidance of its largest shareholder – Gatemore Capital Management. Menzies backed out of its acquisition deal with DX Group after a trading update from the group made it clear DX would not be able to meet the terms of the agreement. Also confirmed was the departure of DX CEO Petar Cvetkovic and […]
A police investigation into DX Group’s Exchange business has been dropped a month after it opened.
The extraordinary general meeting called for by a DX Group shareholder has been cancelled after the delivery company announced its intention to buy Menzies Distribution.
Menzies Distribution is replacing half of its 240-strong LGV fleet with 110 Euro-5 Ivecos, on hire from Ryder.