Belfast Telegraph

Menzies invests in baggage firm

Press Association

JOHN Menzies has ploughed £14m into expanding its baggage handling business after another tough six months for its magazine and newspaper distribution arm. The group, which started out as a newsagent in Edinburgh 180 years ago, revealed the £7.7m purchase of Australian ground handling business Skystar and a deal worth up to £6.4m for Colombian cargo company Desacol.

JOHN Menzies has ploughed £14m into expanding its baggage handling business after another tough six months for its magazine and newspaper distribution arm. The group, which started out as a newsagent in Edinburgh 180 years ago, revealed the £7.7m purchase of Australian ground handling business Skystar and a deal worth up to £6.4m for Colombian cargo company Desacol.

Belfast Telegraph

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