Menzies swoops on Bibby to create 5k-employee group
Greg Michael: ‘significant opportunities’
Menzies Distribution has acquired Bibby Distribution, a national logistics and supply chain services business, from the 213-year old, family-owned Bibby Line Group.
The acquistion, for an undisclosed sum, creates a new force in UK logistics, unlocking geographic potential and adding 38 operating sites and a large, young fleet to Edinburgh-based Menzies’ well established platform operating from more than 60 sites across the UK and Ireland.
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 senior management team has executed operational changes which have improved both its quality of earnings and underlying profitability.