Wincanton Signs Three Year Distribution Deal With Sainsbury's
May 17 2012 - 4:24AM
Dow Jones News
Distribution group Wincanton PLC (WIN.LN) said Thursday it has
signed a three year agreement with supermarket J Sainsbury
(SBRY.LN) to provide warehousing and distribution services in
London.
MAIN FACTS:
-No financial details disclosed
-The agreement will see Wincanton expand operational footprint
with Sainsbury's to now include the Thameside Distribution Centre
(DC) in South East London.
-Wincanton currently manages Sainsbury's distribution centre in
Greenford, West London and, from the early part of 2013, will
manage the logistics operation for most Sainsbury's Local stores
across London.
-Wincanton shares at 0752 GMT, up a penny, or 0.01%, at 45.5
pence valuing the company at GBP55 million.
-By Rory Gallivan, Dow Jones Newswires; 44-20-7842-9411;
rory.gallivan@dowjones.com
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