Tuffnells owner Connect Group is to sell its care and education division in order to focus on the growth of its parcels and news services. Connect will sell the division to education resource provider RM for £64.4m, including £56.5m cash and deficit of £7.9m. The group said the move will reduce its borrowings and allow it to grow its news and media division, Smiths News, and its parcels operation (Tuffnells). Connect Group bought Tuffnells and its famed “big green parcel […]
Tuffnells has promised to interview any of the 450 Marks & Spencer staff that face losing their jobs when the retailer’s Hardwick DC closes in September.
Connect Group’s Smiths News has struck a long term deal with magazine distributor Marketforce, worth £130m in annual turnover.
Connect Group-owned Smith News has renewed a major deal with magazine importer Seymour Distribution worth almost £400m.