Connect Group to sell Education & Care division

Connect Group to sell Education & Care division

Connect Group – which includes the delivery specialists Smiths News and Tuffnells – has announced that it has signed an agreement to sell its Education & Care division to IT services provider RM for £56.5m. RM will also assume Connect Education & Care’s pension schemes which have a combined net liability of £7.9m.

In a statement issued today (7 February), Connect Group said that the disposal is “consistent with the Group’s strategy to focus its primary investment on growth opportunities within News & Media and Parcel Freight”.

 

 

Relevant Directory Listings

Listing image

SwipBox

Focus on the user experience SwipBox is focused on creating the world’s best user experience for delivering and picking up parcels using parcel lockers. Through a combination of intuitive network management software and hassle-free, app-operated parcel lockers, SwipBox delivers maximum convenience to logistics providers, retailers […]

Find out more

Other Directory Listings

Advertisement

Advertisement

Advertisement

P&P Poll

Loading

What’s the future of the postal USO?

Thank you for voting
You have already voted on this poll!
Please select an option!



MER Magazine


The Mail & Express Review (MER) Magazine is our quarterly print publication. Packed with original content and thought-provoking features, MER is a must-read for those who want the inside track on the industry.

 

News Archive

Pin It on Pinterest

Share This