Wincanton PLC Weetabix contract win (5594M)

TIDMWIN

RNS Number : 5594M

Wincanton PLC

09 January 2019

 
 For Immediate Release   9 January 2019

Wincanton PLC

('Wincanton' or the 'Group')

Weetabix contract win

Wincanton, the largest British logistics company, today announces that it has been appointed by The Weetabix Food Company ("Weetabix") to provide transport, warehousing and co-packing services, effective 1st February 2019. The new partnership is made up of two separate, five-year contracts.

Wincanton will take on the operation of four warehouses where goods are stored and co-packed for retail promotion. In addition, Wincanton will provide a nationwide transport operation for the delivery, management and transfer of finished goods and stock.

Adrian Colman, CEO of Wincanton, commented:

"We are delighted to have been selected as Weetabix's logistics partner of choice across both its transport and warehousing services. Our many years of experience in providing integrated supply chain networks puts Wincanton in the best position to help take Weetabix's operations forward and we are keen to bring new ideas to the process."

Weetabix added:

"The culture and capability of the Wincanton business is a great fit for The Weetabix Food Company. We are thrilled about this new partnership and the opportunity to further delight our consumers and retail customers."

For further information please contact:

 
 Wincanton plc                    Tel: 01249 710 000 
 Adrian Colman, Chief Executive 
  Officer 
 Tim Lawlor, Chief Financial 
  Officer 
 
 Buchanan (Financial PR)          Tel: 0207 466 5000 
 Richard Oldworth 
 Maddie Seacombe 
 Tilly Abraham                    wincanton@buchanan.uk.com

Notes to Editors

Wincanton plc

Wincanton is the largest British logistics firm, providing supply chain solutions to some of the world's most admired brands across a wide range of industries including retail, construction, defence and energy.

As a trusted and respected business partner, we design and implement services and solutions that range from setting up and operating distribution networks through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

We work hard to understand and respond to our customers' needs, build long term relationships and use our skills and expertise to deliver a smarter, added value service, every day. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Improved stock visibility and availability, reduction of lead times, collaborative warehousing and transport models, and an absolute commitment to continuous improvement, are just some of the reasons why many of our customer relationships extend to more than 20 years.

Key facts:

   --     Annual revenue in the UK & Ireland exceeds GBP1.1 billion 
   --     Over 18,000 colleagues including 4,000+ drivers

-- Operates from 200+ locations with 6.6 million square feet of warehousing across the UK and Ireland

   --     Operating responsibility for around 3,400 vehicles

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

CNTLLFFALTITIIA

(END) Dow Jones Newswires

January 09, 2019 02:00 ET (07:00 GMT)

Wincanton (AQSE:WIN.GB)
Historical Stock Chart
From Jun 2024 to Jul 2024