6th Oct 2006 07:00
Menzies(John) PLC06 October 2006 John Menzies plc announces the acquisition of Perth Cargo Centre. Following a number of recent acquisitions, John Menzies plc, the time-criticallogistics company, is pleased to announce that Menzies Aviation, its aviationsupport services subsidiary, has acquired Perth Cargo Centre Pty Ltd ("PCC"), anAustralian cargo handling operation. PCC provides cargo handling services to Cathay Pacific, Thai Airways andEmirates at Perth International Airport in Australia. It was previouslyprivately owned and its reported gross assets as at 30 June 2006 were £1.3m. Menzies Aviation currently operates at Sydney, Melbourne and Brisbane airports. Patrick Macdonald, Chief Executive of John Menzies plc, stated: "The acquisition of Perth Cargo Centre expands our successful Australianoperations into the West Coast. Menzies Aviation is well positioned to growrapidly on the back of our successful integration of this addition to ournetwork". Enquiries John Menzies plcPatrick Macdonald, Chief Executive 0131 459 8186Paul Dollman, Group Finance Director 0131 459 8186 Citigate Dewe RogersonGinny Pulbrook 020 7282 2945Ged Brumby 020 7282 2996 NOTES TO EDITORS 1. John Menzies plc, the time-critical logistics company, is one of Scotland's largest companies. The company has two operating divisions, Menzies Distribution and Menzies Aviation. These divisions operate in two distinct sectors where success depends on providing an efficient, high quality, time-critical service to their customers and partners. 2. In the year ended 31 December 2005, Menzies reported Group turnover of £1,362.1m (2004 - £1,330.6m) and Group profit on ordinary activities before tax and exceptionals of £36.1m (2004 - £30.0m). Turnover at the Distribution division was £1,104.3m (2004 - £1,109.4m) whilst pre-exceptional operating profit was £30.7m (2004 - £30.5m). In the Aviation division turnover was £285.7m (2004 - £259.8m) and pre-exceptional operating profit was £13.3m against £10.3m in 2004. 3. The company was established in 1833 and its head office is in Edinburgh, Scotland. Today the company is an international operation with offices, partners and contracts located in Europe, North and South America, Australasia and Africa. 4. Menzies Aviation is one of the world's major independent suppliers of ground handling services to the aviation market providing passenger, ramp and cargo services for many of the world's leading airlines and some of the busiest international airports. The division employs over 12,000 people across the globe, at 99 airports in 24 countries servicing more than 500 airline customers. 5. Further information on John Menzies plc can be found at: www.johnmenziesplc.com; www.menziesdistribution.com and www.menziesaviation.com. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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