News distribution specialist CM Downton has secured its first contract with Connect Group’s Smiths News. Smiths News, sister company to Tuffnells Parcel Express, has a 55% market share of the news distribution industry. Downton’s contract with the group will see the operator perform multiple daily trunks of magazines between a Smiths News magazine hub in Hemel Hempstead and depots in Stevenage and Hornsey. Downton said its experience in the print sector helped it secure the deal in a competitive tender. […]
CM Downton’s acquisition of C&H (Hauliers) in 2013 helped boost turnover by 15% year-on-year, according to its most recent filings at Companies House.
The Downton brothers have stepped down from the day to day running of CM Downton, with the former MD of Bibby Distribution Duncan Eyre taking the reins.
Growth from new and existing contracts has seen CM Downton add 300 new vehicles to its fleet.