Menzies acquires Bibby Distribution
The combined business operations will amount to almost 5,000 employees, 4,000 vehicles and 100 depot locations.
Over 35 years, Bibby Distribution has built an end-to-end supply chain platform that provides solutions for its customers across a number of sectors including paper and packaging and consumer products.
Bibby Distribution’s customers include an array of grocery retailers and blue-chip organisations across a range of resilient sectors.
In recent years, Bibby Distribution’s committed senior management team, supported by an engaged workforce [1,400-strong], has executed operational changes which have improved both its quality of earnings and underlying profitability.
Menzies CEO Greg Michael said: “We are delighted to acquire Bibby Distribution. We believe that through combining the complementary business with Menzies, there are significant opportunities to grow both businesses through unlocking further geographical capability and expanding services to both sets of customers. For both our businesses’ customers, it will be very much business as usual and we look forward to supporting their growth in the coming years. Our ambitious plans for expansion underpin our absolute commitment to all our customers across all our markets. We are delighted to welcome our new colleagues to the next chapter of our combined growth strategy.”
