Connect Group

Connect Group PLC
Formerly
Smiths News PLC
PLC
Traded as LSE: CNCT
Industry Distribution
Founded 2006
Headquarters Swindon, United Kingdom
Products Newspapers and magazines, consumables, books
Revenue Increase £1,089 million GBP (2014)[1]
Website www.connectgroupplc.com

Connect Group PLC is a specialist distributor, headquartered in Swindon, England. The company, originally known as 'WHSmith News' was created and renamed Smiths News PLC on 1 September 2006 from the demerger of W H Smith plc.[2] In April 2014, Smiths News PLC rebranded as Connect Group PLC to reflect the diversity of the Group's markets.

Connect Group PLC comprises Smiths News, the UK's largest newspaper and magazine wholesaler; Dawson Media Direct (international media supply to airlines and travel points) and Tuffnells (a leading Parcel Freight distributor).

Demerger

On 12 April 2006, the board of WH Smith PLC announced its intention to demerge the retail and news distribution arms of the business into two separate companies. The resulting companies are W H Smith PLC (continues as the retail arm), and Smiths News PLC (former news distribution arm).[3] The demerger took effect on 30 August 2006.

Rebrand to Connect Group PLC

On 17 March 2014, Smiths News PLC announced it would be renamed Connect Group PLC. This took effect on 22 April 2014 .

References

  1. Annual Report and Accounts 2014 Connect Group. Viewed online, 21 March 2015.
  2. Smiths News: about us Archived 2006-11-08 at the Wayback Machine. Smiths News. Viewed online, 8 October 2006.
  3. Separation of W H Smith Retail and News Distribution businesses via a Demerger W H Smith PLC. Viewed online, 8 October 2006.
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