Smiths News
Encyclopedia
Smiths News plc is a British newspaper and magazine distributor, based in Swindon
, England. The company, previously known as 'WHSmith News' was created on 1 September 2006 from the demerger
of WH Smith plc .
Smiths News delivers to 22,000 customers via its 46 distribution centres across the United Kingdom. It employs 4,312 people and has sales of £1,067 million. Its main competitors are Menzies Distribution
.
, a book wholesaler, entered administration and on the same day Ernst & Young
sold the business to Smiths News for £8,611,622 in a "pre-pack" deal.
Swindon
Swindon is a large town within the borough of Swindon and ceremonial county of Wiltshire, in South West England. It is midway between Bristol, west and Reading, east. London is east...
, England. The company, previously known as 'WHSmith News' was created on 1 September 2006 from the demerger
Demerger
Demerger is a form of corporate restructuring in which the an entity's business operations are segregated into one or more components. It is the converse of a merger or acquisition....
of WH Smith plc .
Smiths News delivers to 22,000 customers via its 46 distribution centres across the United Kingdom. It employs 4,312 people and has sales of £1,067 million. Its main competitors are Menzies Distribution
John Menzies
John Menzies plc is a Scottish business established in 1833. It has two main divisions: Menzies Distribution and Menzies Aviation. Menzies Distribution is a major distributor of newspapers and magazines throughout the United Kingdom...
.
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 WH Smith PLC (continues as the retail arm), and Smiths News PLC (former news distribution arm). The demerger took effect on 30 August 2006.Bertram Books
On 20 March 2009, Bertram BooksBertram books
Bertram Books is the UK’s leading book wholesaler having grown from a family business to a global organisation employing over of 400 staff. A division of Smiths News Plc, the UK’s largest news and magazine distributor, Bertrams is a three times winner of the British Book Award for Supply Chain...
, a book wholesaler, entered administration and on the same day Ernst & Young
Ernst & Young
Ernst & Young is one of the largest professional services networks in the world and one of the "Big Four" accountancy firms, along with Deloitte, KPMG and PricewaterhouseCoopers ....
sold the business to Smiths News for £8,611,622 in a "pre-pack" deal.