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BRAM Brammer

164.50
0.00 (0.00%)
16 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Brammer LSE:BRAM London Ordinary Share GB0001195089 ORD 20P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 164.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Brammer PLC Proposed consolidation of Coventry DC (6271K)

26/06/2014 2:05pm

UK Regulatory


Brammer (LSE:BRAM)
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TIDMBRAM

RNS Number : 6271K

Brammer PLC

26 June 2014

FROM HUDSON SANDLER FOR BRAMMER

PRESS RELEASE

26(th) June 2014

Brammer plc

Proposed consolidation of Coventry Distribution Centre and Offices

to Wolverhampton and Wythenshawe

Brammer plc (the "Company"), the leading pan-European added value supplier of industrial maintenance, repair and overhaul product solutions, has today entered into a consultation with staff in the UK over the proposed consolidation of the business activities carried out at the Company's Coventry distribution centre and its offices (the "Coventry Site") to the Wolverhampton distribution centre and Wythenshawe offices. It is also proposed that, subject to employee consultation, the Company close the Coventry Site by the end of the summer (together the "Consolidation").

The proposed Consolidation would enable the Company to better utilise the significant spare capacity and highly automated warehouse systems that exist in the Wolverhampton distribution centre, allowing streamlining of the stock holding, supply chain and logistics activities which are currently duplicated at the Coventry Site. It would also enable the consolidation of all UK finance and administration activities at the Wythenshawe office further improving customer service and operational efficiency.

 
 Enquiries:    Hudson Sandler     020 7796 4133 
  Andrew Hayes 
   Katie Matthews 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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