Menzies Distribution completed the acquisition of Bibby Distribution for $204m.

Menzies Distribution, a multi-channel, time-critical logistics business, completed the acquisition of Bibby Distribution, a supply chain company, for $204m. “We are delighted to acquire Bibby Distribution. 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. 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. Our ambitious plans for expansion underpin our absolute commitment to all our customers across all our markets. We are delighted to welcome our new colleagues to the next chapter of our combined growth strategy," Greg Michael, Menzies Chief Executive Officer.