Chilled food distribution specialist NFT Distribution has had to adapt to a changing marketplace in the past few years. As the logistics provider to a range of food retailers including ASDA, Sainsbury’s and Marks and Spencer, it has seen volumes shift sharply as newcomers, including Aldi and Lidl, disrupt the market in a business that already functions on extremely tight margins. Those market headwinds, combined with last year’s delays at Calais due to migrant incursions and the cost of buying […]
Culina Logistics has finalised the transfer of a juice distribution contract for MMUK (the UK subsidiary of Spanish food supplier AMC Group) after it won a contract previously held by rival NFT Distribution.
NFT Distribution recorded a pre-tax loss in the 12 months to 2 April 2016 after exceptional costs of £7.1m, although the operator said it was now well placed to prosper.