3 Apr 2009 07:00
Telegraph award Menzies Distribution expanded contract
Menzies Distribution, the newspaper and magazine wholesaling division of John Menzies plc, is today pleased to confirm that it has successfully renegotiated contract terms with the major UK newspaper publisher Telegraph Media Group Ltd (TMG), significantly expanding its reach with their titles.
The agreement will see Menzies Distribution take on the distribution of TMG products, with effect from Autumn 2009, in many new territories across the country, growing our market share with the publisher by a third. This contract alone is worth more than £76m of annual trade sales value.
Ellis Watson, Managing Director said,
"This is another hugely gratifying recognition of our ability to serve by one of the UK's most iconic newspaper brands. We will head into this new agreement determined to maintain - and surpass - the service levels which led the Telegraph to select us as their wholesaler of choice for well over a third of their estate.
This has been a fantastic period for our company - the Telegraph are only the latest publisher to decide that Menzies Distribution should play an expanded role in their future. The business is going from strength to strength - and I'm confident that we will see more positive contract results arriving soon."
For further information contact:
John Geddes, Company Secretary, John Menzies plc 0131 459 8180
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