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 […]
The deal that would have see DX Group acquire Menzies Distribution has been called off, and a new board of directors is set to be installed at DX under the guidance of its largest shareholder – Gatemore Capital Management.
Menzies Distribution is “optimistic” that strike action by 300 of its employees over pay and bank holiday working rules can be avoided.