Menzies Distribution has sealed a £24.65m deal with property investment company Custodian REIT for the sale and leaseback of eight ‘last mile’ distribution centres. The eight properties are located in Aberdeen, Edinburgh, Glasgow, Ipswich, Norwich, Stockton-on-Tees, Swansea and Weybridge and will be leased back to Menzies Distribution on new 10-year leases. Custodian REIT acquired the portfolio by purchasing the entire issued share capital of John Menzies Property 4 Limited which owns the eight units. Menzies Distribution, which specialises in print […]
Menzies Distribution has opened a dedicated newstrade logistics hub in Inverness following a number of major contract wins this year.
Menzies Distribution has delivered new contracts with the Frontline Group, winning the magazine sales and distribution company’s business from previous transport supplier CM Downton.
Logistics and delivery firm Menzies Distribution has strengthened its hold on the Irish market with the purchase of Irish news and magazine wholesaler, EM News Distribution.