Menzies Distribution

This company delivers more than 7m newspapers and magazines each morning to newsagents and retailers from its 56 depots in the UK and Ireland. The Paisley-headquartered business became independent last year when its parent, John Menzies, sold it to Endless private equity for £74.5m. Sales were a little more than £1bn in 2017 under managing director Greg Michael, 51, but margins are low, and the distributor secured a new £25m loan in February to fund a move into other logistics sectors and offset the downturn in print media.

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Company details
Year2019
Rank59
CompanyMenzies Distribution
ActivityNewspapers & magazines distributor
LocationPaisley
Sales £m1,049
Profit £m22
Year endDec 17
Principal shareholdersEndless Private Equity (90%), management (10%)
Staff2,902
Founded1979
Websitewww.menziesdistribution.com

If applicable:

* Supplied by company † Annualised figure