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CLG Clipper Logistics Plc

837.00
0.00 (0.00%)
25 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Clipper Logistics Plc LSE:CLG London Ordinary Share GB00BMMV6B79 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 837.00 834.00 836.00 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Clipper Logistics plc Clipper signs new Contract with BAT (8044V)

02/02/2017 7:00am

UK Regulatory


Clipper Logistics (LSE:CLG)
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RNS Number : 8044V

Clipper Logistics plc

02 February 2017

Clipper Logistics plc

("Clipper" or "the Company")

Clipper signs new Contract with British American Tobacco UK Limited

Clipper Logistics plc ("Clipper", "the Group" or "the "Company"), a leading provider of value-added logistics solutions and e-fulfilment to the retail sector, is pleased to announce that it has entered into a new contract with British American Tobacco UK Limited ("BAT").

The new 4 year contract will extend through to the end of 2020.

Clipper is a leading provider of consultancy-led, innovative logistics services, focussing on the retail sector. In addition to warehousing, distribution and associated services, it is a market leader in the provision of e-fulfilment and returns management services.

Under the new agreement, which also includes e-commerce support for Vype, BAT's leading vapour business, Clipper will be providing a full UK logistics operation inclusive of all warehouse operations in the UK and delivery to all BAT Customers in the UK using a mixture of dedicated and shared user vehicles from its various distribution centres.

Steve Parkin, Executive Chairman of Clipper, said:

"We are delighted to have been selected for this significant contract with BAT. This builds on the existing 25 year relationship the two businesses have had and the new contract win and extension of coverage to the whole of the UK is a testament to our approach to proactively building client relationships and delivering solutions for customers".

 
 
  ENQUIRIES 
                                 +44 (0)113 204 
Clipper:                          2050 
Steve Parkin, Executive 
 Chairman 
Tony Mannix, Chief Executive 
 Officer 
David Hodkin, Chief Financial 
 Officer 
Public Relations Advisers: 
                                 +44 (0) 20 3772 
Bell Pottinger:                   2500 
David Rydell 
Dan de Belder 
Molly Stewart 
 

About Clipper

Founded by Steve Parkin in 1992, Clipper is amongst the leading providers of value- added logistics solutions and e-fulfilment to the retail sector in the United Kingdom, with an expanding business in Germany and employs nearly 3,000 people. The Group provides consultancy-led services within the online fashion and general merchandise sectors to its blue-chip client base including Zara, Harvey Nichols, ASOS, The John Lewis Partnership, Asda, Supergroup, Morrisons, New Look and Sainsbury's.

This information is provided by RNS

The company news service from the London Stock Exchange

END

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(END) Dow Jones Newswires

February 02, 2017 02:00 ET (07:00 GMT)

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