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. […]
Connect Group has seen its annual profit collapse by more than 200% after a calamitous period, which saw its one time star-performer Tuffnells lose its way and attempts to restructure the group hit the wall.
CM Downton is set to deliver more than nine million Christmas TV guides to wholesalers and retailers this weekend.