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 […]
Menzies Distribution has won a contract with catering equipment supplier Nisbets.
DX Group shareholders controlling almost a fifth of the company have signed a letter demanding the board terminates discussions with John Menzies about a proposed takeover, unless the deal is improved significantly.
Menzies Distribution is looking increasingly towards the parcels market as it looks to diversify the business to offset falling revenues from its core newspaper distribution business.