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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

European Supply Agreements

14/07/2004 8:04am

UK Regulatory


RNS Number:8135A
Brammer PLC
14 July 2004



FOR IMMEDIATE RELEASE                                           14 July 2004

                               BRAMMER SIGNS TWO

                       3-YEAR EUROPEAN SUPPLY AGREEMENTS


Brammer plc, the European services group, today announced the signing of two
3-year European maintenance, repair and operations ("MRO") service agreements
with GKN and the Jefferson Smurfit Group.

The scope of product supply to both customers will initially include Bearings,
Linear Motion, MPT, Seals, Pneumatics, Hydraulics, Greases, Adhesives, Gearboxes
and Electric Motors.

The agreements cover over 180 plants in some nine countries including key
production centres in France, Germany, Spain and the UK.

In each case Brammer will bring to its customers the benefits of inventory
reduction, volume led price improvements and indirect savings on the management
and administration of inventory.


Ian Fraser, chief executive of Brammer, said:

"With a combined sales potential of over Euro11m, these two agreements open up
tremendous new sales opportunities for Brammer across all our European
businesses.  They represent an important step forward in Brammer's strategy to
build the leading pan-European single source MRO service to Europe's leading
manufacturers."



Enquiries:    Brammer plc                                0161 928 3363

              David Dunn, chairman
              Ian Fraser, chief executive
              Paul Thwaite, finance director


Issued:       Citigate Dewe Rogerson Ltd                 020 7638 9571
              Martin Jackson
              Anthony Kennaway




                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

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