Logistics and delivery firm Menzies Distribution has strengthened its hold on the Irish market with the purchase of Irish news and magazine wholesaler, EM News Distribution. Under the terms of the £5.46m deal, Menzies Distribution has increased its existing 50% interest in the company to 100%, buying out the remaining half of the operator held by Irish retailer Eason. EM News Distribution’s 193 staff join Menzies Distribution along with 44 directly-owned vehicles from a fleet of 201. Menzies has a […]
Menzies Distribution is looking increasingly towards the parcels market as it looks to diversify the business to offset falling revenues from its core newspaper distribution business.
DX Group shareholders controlling almost a fifth of the company have signed a letter demanding the board terminates discussions with John Menzies about a proposed takeover, unless the deal is improved significantly.
Leasing and rental provider Fraikin has signed a new contract with Menzies Distribution, which will see it provide 50 new trucks and vans to the distribution and logistics company.