Wincanton PLC Wincanton renews contracts with Valero and Marley (5155R)

TIDMWIN

RNS Number : 5155R

Wincanton PLC

01 March 2019

 
 For Immediate Release   1 March 2019

Wincanton PLC

('Wincanton' or the 'Group')

Wincanton renews contracts with Valero and Marley

Wincanton, the largest British third party logistics company, today announces that it has successfully renewed contracts for its Industrial and Transport business with Valero Energy Ltd ("Valero") and Marley Ltd ("Marley").

Firstly, Wincanton has agreed terms with Valero to provide fuel distribution services for a further five years. The Group will manage transportation from Valero's UK terminals to more than 700 retail sites across the country. More than 200 deliveries will be made by Wincanton every day, transporting over two billion litres of ground fuel each year.

Wincanton has additionally renewed its contract with Marley for the distribution of roofing products across the UK until late 2023. This contract will continue a strong working relationship between the two companies that stretches back over a decade to 2008. The contract sees the Group use a dedicated fleet of specialist vehicles, which will be supported by Wincanton's wider construction fleet of over 200 mechanical off-load vehicles; which represents the largest fleet in the UK.

Adrian Colman, CEO of Wincanton, commented: "We've been working with Valero for more than 25 years. In that time, we've built up a strong partnership with Valero and developed a real understanding of the needs of its customers. Extending our working relationship with Marley is validation of our expertise in servicing this business up and down the UK with complex transportation requirements."

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 
 Victoria Hayns 
 Maddie Seacombe                  wincanton@buchanan.uk.com

Notes to Editors

Wincanton plc

Wincanton is the largest British third party logistics company (3PL), 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

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