June 28, 2017

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CMS Distribution boosts 2016 sales

Storit Limited, the holding company of CMS Distribution, has reported record revenues in 2016 with sales up 82% year-on-year to £325m (US$417m). In April 2016, CMS Distribution acquired Widget. Frank Salmon, founder and CEO of CMS Distribution, said: “The Widget business was integrated into CMS Distribution in August 2016, as part of our ongoing strategy of bringing companies together to leverage strengths and synergies. We are very excited with the future potential of this acquisition and its impact on the group’s financials.” Read full story

by Stuart Wilson, Thursday 20 April 2017

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