12.341.2016 - CMS Distribution Ltd takes majority stake in Newgen Distribution AB, Stockholm

CMS Distribution now addresses customers in Scandinavia through partnership with Swedish distributorDecember 6th, London - CMS Distribution Ltd, the value added distributor has built on its partnership with Scandinavian distributor Newgen Distribution AB by acquiring a majority stake in the business. Newgen’s founder shareholders Axel Diurson and Max Ellberg will stay on with the business as joint managing directors, and retain the remaining share capital. Newgen supplies key retailers in the region with a range... Source: RealWire - View Press Release