Connect Group has renewed its contract with News UK, securing a deal that generates £200m of revenue a year until 2024 and provides some respite after a tough period for the business. Connect Group’s Smith News will continue UK distribution of titles including The Sun, The Times and Sunday Times as a result of the successful tender. Connect Group said the deal was an endorsement of Smiths News’ leading service offer and efficient route to market for both publishers and […]
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 Group has warned its performance since May has been “slightly below” market expectations, as it revealed that its plan to slash group debt through the sale and leaseback of property had hit the buffers.
Connect Group-owned Smith News has renewed a major deal with magazine importer Seymour Distribution worth almost £400m.