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SSL SS Lazio SPA

0.746
0.006 (0.81%)
Last Updated: 12:32:47
Delayed by 15 minutes
Share Name Share Symbol Market Type
SS Lazio SPA BIT:SSL Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.006 0.81% 0.746 0.734 0.746 0.746 0.734 0.736 1,088 12:32:47

Re Contract

01/12/2003 7:01am

UK Regulatory


RNS Number:6622S
Salvesen (Christian) PLC
1 December 2003

1 December 2003



              Christian Salvesen wins #5 million contract with SSL



Christian Salvesen, the European logistics specialist today announced a #5
million distribution contract with healthcare products manufacturer, SSL. It
builds on an existing eight-year relationship with SSL at Newcastle-under-Lyme.
Awarded in a competitive tender, Christian Salvesen will carry out the majority
of SSL's inbound and outbound distribution in the UK.



From January 2004, Christian Salvesen will transport SSL products, which include
the Scholl, Durex, Resolve, and Remegel brands from SSL's warehouses at Heywood
and Middleton, Manchester to distributors, wholesalers and supermarkets across
the UK. Salvesen will also manage inbound materials flows from SSL's factories
in Derby, Peterlee and Redruth. Christian Salvesen's leading edge track and
trace system, SHARPNet, will give SSL full visibility of product throughout the
UK supply chain.



Peter Blanchard, SSL's Director of European Logistics, commented:  "Christian
Salvesen has a strong track-record of performance with SSL at
Newcastle-under-Lyme, which we are confident will be replicated at the
Manchester sites. Bringing together transport under a single carrier, supported
by technology linked to each point, will give us greater control over the flow
of products and our service to customers and the use of fleet to drive down
costs."



Brian Gaunt, managing director, Christian Salvesen, added:  "Across the Group,
Christian Salvesen is working to design high-value supply chain solutions for
our customers and to grow and evolve the supply chain with them. We are
delighted to be extending the relationship with SSL to other UK sites."





Notes to Editors



SSL was formed in 1999 following the merger of Seton Scholl Healthcare plc and
London International plc. With brands that include Durex, Scholl, Syndol, Full
Marks, Resolve, ProSport,  and Remegel, SSL manufactures and distributes
healthcare products, condoms, surgical and household gloves, sports products and
footwear.



Christian Salvesen is a European logistics company specialising in managing
outsourced supply chains for blue chip manufacturing and retail customers in the
industrial, consumer and food sectors.





For further Information, please call:



Nick Blythe/Jane Humphreys/Amie Pascoe
Citigate SMARTS
0113 297 9899
07836 254 494






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

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