MKM to sell its UK business

MKM to sell its UK business
QUOTED promotional goods and marketing company MKM Group will de-list after agreeing to sell its UK operations for £4.6m.

QUOTED promotional goods and marketing company MKM Group plans to de-list after agreeing to sell its UK operations for £4.6m.

Manchester-based MKM has struck a deal with York-based CPP Holdings and will now seek shareholder approval for the move.

The deal covers the bulk of MKM's business - Leapfrog Group, which designs and develops loyalty programmes for blue chip clients such as its Airport Angel scheme, and in-house travel agent Concepts for Travel. The two ventures employ 45 people.

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