Menzies Distribution has acquired independent logistics and supply chain services specialist JBT Distribution.
The acquisition represents the fourth announcement of strategic importance made by Menzies in the last six months and accelerates the momentum already seen in the company’s recent progress.
In December 2020, Menzies sealed a deal combining two of the UK’s major logistics businesses.
In September 2018 Endless LLP, a private equity investor, acquired Menzies Distribution as part of the business’ separation from John Menzies PLC. The newly independent company outlined at that time how it would develop the business through widening its service offering and geographical coverage.
Greg Michael, Chief Executive Officer of Menzies said: “We are gaining momentum at pace as we execute our ambitious strategy for growth and are delighted to acquire JBT.”
Robert Gordon, Director of JBT Distribution added: “We believe that Menzies is aligned with the future strategic and growth plan in the sectors in which we operate and will enhance the service offering of the business both locally and nationally.”