Search Results for menzies

Revised Menzies-DX deal wins over big shareholder

UK courier firm DX Group on Monday announced revised terms for its agreement to acquire the distribution business of John Menzies in a reverse takeover — winning the support of DX’s largest shareholder. Gatemore…



Menzies confident DX Group deal will go through

Edinburgh-based John Menzies said on Friday its proposed deal to merge its Menzies Distribution division with mail delivery firm DX Group continued to “move forward positively” and…


Shareholders threaten to block Menzies-DX deal

Activist shareholder Gatemore Capital Management has written to the board of mail delivery firm DX Group threatening to block its reverse takeover deal with the distribution arm of…



Menzies ‘back on track’ as turnover hits £2bn

Edinburgh-based aviation logistics and news distribution company John Menzies said its 2016 turnover rose to just more than £2 billion from £1.99 billion in 2015 and profit before tax edged…


Menzies completes $202m ASIG acquisition

Edinburgh-based aviation logistics and news distribution firm John Menzies said it reached an agreement with the UK’s Competition and Markets Authority (CMA) to complete the acquisition of Orlando, Florida-based aviation…


Competition concerns on Menzies ASIG deal

The UK’s Competition and Markets Authority (CMA) said on Thursday that Edinburgh-based John Menzies’ acquisition of ASIG may give rise to competition concerns over ground handling services at…


Menzies appoints new distribution boss

Edinburgh-based aviation logistics and news distribution firm John Menzies announced that Greg Michael will assume the role of Managing Director, Menzies Distribution, on January 1, 2017….



Menzies to buy Florida’s ASIG for £153m

John Menzies said it agreed to buy Orlando, Florida-based aviation and fuel services company ASIG from BBA Aviation for up to £153 million in what it called a “transformational” deal…



Smurfit joins Menzies as chairman

Edinburgh-based aviation logistics and news distribution company John Menzies has appointed Irish paper and packaging tycoon Dermot Smurfit as independent chairman of the group. Smurfit’s appointment will be…


Menzies faces new demand to break in two

Edinburgh-based aviation logistics and news distribution company John Menzies is facing a new demand from investors to split the firm in two, according to Reuters. The fresh demands…


Menzies in joint venture talks with Oman Air

Edinburgh-based logistics firm John Menzies has signed a memorandum of understanding with Oman Air for ground handling at Omani airports. Menzies said the announcement is a…



Menzies chairman retires in latest upheaval

Edinburgh-based airport services and news distribution company John Menzies said on Wednesday that its chairman Iain Napier “informed the company of his wish to retire” after eight years on the…


Change of chief financial officer at Menzies

Edinburgh-based airport logistics and news distribution company John Menzies — under shareholder pressure to split into two companies — said on Monday that chief financial officer Paula Bell will…


Menzies appoints dealmaker Baines to board

Edinburgh-based airport logistics and news distribution company John Menzies — under shareholder pressure to split into two companies — has appointed corporate dealmaker Paul Baines as a non-executive director….


Menzies profit falls in turbulent year

Edinburgh-based aviation logistics and news distribution company John Menzies said on Tuesday its reported pre-tax profit fell to £18.2 million in 2015 from £25.7 million the year before amid a turbulent…


Menzies Distribution acquires Thistle Couriers

Edinburgh-based Menzies Distribution has acquired Thistle Couriers of Aberdeen for an undisclosed sum — the firm’s third acquisition in the past 12 months. Menzies said the move…


Menzies chief resigns; two MDs appointed

Edinburgh-based aviation logistics and news distribution company John Menzies said on Wednesday its chief executive Jeremy Stafford had resigned for personal reasons after 15 months in the job. Menzies…


Menzies profit to be £2m less than expected

Edinburgh-based airport cargo handling and news distribution company John Menzies has warned shareholders it now expects full year earnings to be £2 million below previous expectations due partly…






Edinburgh’s xDesign acquires web agency Bemo

Edinburgh-based digital service business xDesign said on Monday it acquired Scottish mobile and web agency Bemo. “xDesign will acquire the assets, people, and customer contracts…