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NWF Western Forest Products Inc

0.318
0.00 (0.00%)
26 Nov 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Western Forest Products Inc TG:NWF Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.318 0.288 0.346 0.00 06:32:03

Lease

09/09/2003 9:00am

UK Regulatory


RNS Number:5301P
NWF Group PLC
09 September 2003

Embargoed until 08:00 Tuesday 9 September 2003

        Boughey Distribution to manage a consolidation depot for Tesco

Boughey Distribution Ltd, the Distribution division of NWF Group plc, the
diversified sales and distribution business, has been invited by Tesco to manage
a dedicated consolidation depot at Winsford, Cheshire.

Boughey has taken a fifteen year lease on a new warehouse on an industrial
estate in Winsford. This lease has a break clause at five years. After
installing racking, the warehouse will have a capacity of 12,500 pallets.
Filling of the warehouse is now in progress with full utilisation expected by
the end of October.

Boughey is already a major player in the logistics chain for Tesco and
distributes consolidated loads nationally for a number of Tesco suppliers, both
branded and private label.

Mike Guest, Managing Director of Boughey Distribution, commented "We are
delighted to have been given this opportunity by a respected leader in the
grocery industry and we very much see this as a step on the way to a possible
building programme at our own site at Wardle nearby."

Alex Laffey, Primary Operations Director of Tesco said "We have many years of
experience of Boughey's excellent service and are happy to recommend to our
suppliers that they take advantage of the consolidation opportunities available
to the benefit of all."

For further information please visit www.nwf.co.uk or contact:


Graham Scott            Mike Guest                    John West
Chief Executive         Managing Director             Claire Melly
NWF Group plc           Boughey Distribution Ltd      Tavistock Communications
Tel: 01829 260 260      Tel: 01829 260 260            Tel: 020 7920 3150


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

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