Wincanton PLC Wincanton secures new contract with The Co-op (0922S)

TIDMWIN

RNS Number : 0922S

Wincanton PLC

07 March 2019

 
 For Immediate Release   7 March 2019 
 

Wincanton PLC

('Wincanton' or the 'Group')

Wincanton secures new contract with The Co-op

Wincanton, the largest British third-party logistics company, today announces that it has been appointed by The Co-operative Group ("The Co-op") to launch and operate its newest regional distribution centre in Wellingborough, Northamptonshire.

The new three-year contract will see Wincanton manage all warehouse and store delivery operations from the Co-op's regional distribution centre to its new and existing stores in the surrounding area, supporting The Co-op's continued growth and development as one of the UK's leading food retailers.

The new contract is expected to create new roles for around 500 people, including 170 drivers.

This agreement is in addition to Wincanton's existing contract with The Co-op to service its logistics depots in Lea Green, Merseyside and Cardinal, Cambridgeshire, for which Wincanton employs 670 staff and a fleet of over 500 vehicles.

Adrian Colman, CEO of Wincanton, commented: "We are delighted to be working with The Co-operative Group to create a new Regional Distribution Centre. This new contract underlines our position as the UK's leading logistics provider for convenience retail; providing high quality operations of scale that can be flexed to support our customers in the rapidly evolving convenience market."

For further information, please contact:

 
 Wincanton plc                    Tel: [phone] 
 Adrian Colman, Chief Executive 
  Officer 
 Tim Lawlor, Chief Financial 
  Officer 
 
 Buchanan (Financial PR)          Tel: [phone] 
 Richard Oldworth 
 Victoria Hayns 
 Maddie Seacombe                  [e-mail] 
 

Notes to Editors

Wincanton plc

Wincanton is the largest British third party logistics company (3PL), providing supply chain solutions to some of the world's most admired brands across a wide range of industries including retail, construction, defence and energy.

As a trusted and respected business partner, we design and implement services and solutions that range from setting up and operating distribution networks through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

We work hard to understand and respond to our customers' needs, build long term relationships and use our skills and expertise to deliver a smarter, added value service, every day. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Improved stock visibility and availability, reduction of lead times, collaborative warehousing and transport models, and an absolute commitment to continuous improvement, are just some of the reasons why many of our customer relationships extend to more than 20 years.

Key facts:

   --      Annual revenue in the UK & Ireland exceeds GBP1.1 billion 
   --      Over 18,000 colleagues including 4,000+ drivers 

-- Operates from 200+ locations with 6.6 million square feet of warehousing across the UK and Ireland

   --      Operating responsibility for around 3,400 vehicles 

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March 07, 2019 02:00 ET (07:00 GMT)