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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 |
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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