Connect Group’s Smiths 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 […]
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 is set to complete a £9.9m deal with property firm Urban Logistics for the sale and leaseback of six of Tuffnells’ depots, in a move aimed to cut the company’s debt.
Connect Group-owned Smith News has renewed a major deal with magazine importer Seymour Distribution worth almost £400m.