Menzies Distribution acquires Bibby Distribution as part of expansion plans


 

Menzies Distribution has bought Bibby Distribution for an undisclosed sum as it looks to broaden its geographical reach and service offering. The sale comes as Liverpool-based Bibby Distribution continues to try to claw its back to profitability following a major restructuring which has seen its management team strengthened, costs cut and its exit from loss making transactional milk collections contracts. In its latest results to December 31 2019 the family firm reported a fall in turnover to £166.9m (2018: £185.4m). […]