Menzies Distribution has acquired logistics and supply chain services business JBT Distribution (JBT).
Boasting annual sales of more than £23 million, the buyout extends Menzies’ network coverage by 200 vehicles and six operating sites.
Greg Michael, chief executive officer of Menzies, said: “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 in Scotland and throughout the UK and Ireland.
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“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 and working with Robert Gordon, Donald Carmichael and the rest of the team at JBT to help deliver this. We warmly welcome our new colleagues and look forward to the next phase of our journey as an enlarged group.”
Director of JBT Distribution Robert Gordon said: “We believe 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.
“There will be exciting and new opportunities for the staff at JBT, whose dedicated input to the business has taken it to the position it is in today. We wish them all continued success within the larger business group and know they will continue to support the customer base with the same level of dedication that has always been evidenced.”
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