Menzies Distribution, the newspaper and magazine wholesaling division of John Menzies, has successfully renegotiated its contract with Marketforce, one of the UK's largest magazine distributors.
The agreement, which runs for five years from January 2015, will result in Menzies Distribution continuing to handle Marketforce's products across its UK network and secures £122 million of annual sales revenue.
Shares in Menzies rose 2p to 559p.
We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis. If you're a relatively new user then your comments will be reviewed before publication and if we know you well then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules, which are available here.
Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.
