Menzies Distribution secures £25m credit line to fuel its development


 

Menzies Distribution has described its new £25m credit facility with Royal Bank of Scotland (RBS) as a milestone in its aim to become the UK’s leading national logistics partner. The new revolving credit facility runs for five years and is the first that the company has struck under the ownership of private equity firm Endless after its separation from John Menzies last year. In addition to the credit facility, RBS is also providing operational banking services. Paul McCourt, chief financial […]