Tuffnells Parcels Express has been acquired by newspaper and magazine distributor Connect Group for £113.4m. The MT Top 100 company has been purchased by Connect Group as part of the latter’s diversification strategy. Connect plans to generate half of its profit from operations outside the magazine and newspaper wholesaling business and move into time-sensitive and specialist distribution. Tuffnells’ holding company, The Big Green Parcel Holding Company, will sit within Connect’s Smiths News Holdings subsidiary – although the deal allows Connect […]
Menzies Distribution has snapped up Inverness-based AJG Parcels in a £7.5m deal that allows it to enter the e-commerce parcel market.
CitySprint has snapped-up two more courier firms as it continues its strategy of growing through acquisition.
Foodservice provider Bidfood is looking to recruit drivers and warehouse staff at its newly opened depot in Penrith, Cumbria.