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 unveiled an update to its ‘Big green parcel machine’ livery on the side of 10 new Mercedes-Benz Atego it has put into service.
Connect Group is set to complete a £9.9m deal with property firm Urban Logistics for the sale and leaseback of six of Tuffnells’ depots, in a move aimed to cut the company’s debt.
Connect Group has secured an extension to its major distribution contract with Daily Mirror publisher Reach.