Connect Group’s Smith News division has secured a new five year deal with magazine distributor Frontline, bringing further signs of an upturn in the group’s fortunes. The £750m deal closely follows the renewal of its contract with News UK in July. It will see Smith News continue to deliver Frontline’s 40% share of the UK magazine market. The renewal of the two contracts amount to 30% of Smith News’ sales revenue. The Frontline deal brings much needed positive news to […]
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.
Tuffnells owner Connect Group has completed the sale of its care and education division to education resource provider RM.
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.