During the visit, Managing Director of IMX Nicholas Street told Mr Davey about his firm’s strong European links, with 60% of its revenue coming from European operations. Two-thirds of IMX’s distribution is in European countries; this has increased dramatically in recent years due to EU enlargement.
IMX Managing Director Nicholas Street commented: “IMX is very much a European business with the vast majority of our distribution going to, and our revenue coming from, Europe.”
“Britain’s membership of the EU is very important for IMX, as it allows the company to do business in a number of European countries thanks to the European Single Market.”
Kingston & Surbiton MP Ed Davey added: “It was a pleasure to meet Nicholas Street and the staff at the IMX facility in Chessington. Having worked on postal affairs when I was a Business Minister, it was interesting to learn how access to markets in other EU countries has helped the company expand their European operations so they can deliver to destinations across Europe.”
“As a Liberal Democrat, I want Britain to stay in the EU because this is best for jobs and businesses in Kingston. Access to the European Single Market and the EU’s 31 trade deals with countries around the globe is really important for encouraging trade and investment in Britain. I support the work Lib Dem MEP for London Sarah Ludford is doing to push for an EU-US trade agreement, which would boost the London economy by £2 billion and support businesses like IMX that operate on both sides of the Atlantic.”
IMX says: “IMX is a private pan-European mailing group of companies specialising in the distribution of periodicals, direct marketing, mail order, promotional material and business mail.”