Menzies buys Eason’s newspaper distribution arm for €3.6m

EM News Distribution employs 193 operational staff who will now join Menzies

Eason has sold its 50 per cent stake in EM News Distribution to Menzies in a €3.6 million buy-out. Photograph: Nick Bradshaw

Eason has sold its 50 per cent stake in EM News Distribution to Menzies in a €3.6 million buy-out. Photograph: Nick Bradshaw

Menzies Distribution, a time-critical logistics company, announced on Tuesday that it has acquired EM News Distribution, a news and magazine wholesaler, for €3.6 million.

According to a statement, Menzies will now increase its existing 50 per cent interest in the company to 100 per cent, thereby buying out the 50 per cent share held by book retailer Eason.

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