DX Group has suffered a setback after learning its long standing deal to provide a secure delivery service to Her Majesty’s Passport Office (HMPO) will end next year. In a statement to the stock market, loss-making DX Group said that following a tender process its bid, which was based on ‘commercially realistic terms’ had proved unsuccessful. It means its contract will expire in January of next year after a transition period with the new, as yet unnamed, provider. The timing […]
The deal that would have see DX Group acquire Menzies Distribution has been called off, and a new board of directors is set to be installed at DX under the guidance of its largest shareholder – Gatemore Capital Management. Emma Shone
Fowler Welch has beaten rivals to win a major new contract with chocolate and confectionery maker Ferrero. Carol Millett
DX Group’s new management team said last week that its turnaround strategy was gathering pace at the embattled business.