Menzies Distribution has been sold, for an undisclosed sum, to private equity firm Endless. Last year owner John Menzies, which has been looking to divest the business, pulled the plug on a sale to DX Group, which had a rollercoaster of a 2017 itself. Two years back, the firm’s management started to diversify the business and began working with national parcel carriers operating in the retail space. Thanks to this, it has continued to win business in its core sector […]
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.
The DX Group shareholder leading the charge against the company’s proposed acquisition of John Menzies’ distribution arm has increased its holding in the company by 10%.
Menzies Distribution is “optimistic” that strike action by 300 of its employees over pay and bank holiday working rules can be avoided.