Acquisition

Wincanton PLC 08 November 2007 For immediate release 8 November 2007 Wincanton plc Acquisition Further investment in supply chain services to UK construction industry Wincanton plc ('Wincanton'), the leading European supply chain solutions provider, today announces the acquisition of Swales Haulage Ltd ('Swales'), a privately owned business, for a debt-free consideration of £5.3m. The acquisition further strengthens the Group's position in the UK building services market. Swales is one of the top five businesses within the building services market, operating from 11 locations across the UK. It has built up an excellent reputation in this market and has established successful long-term relationships with its customers. In the twelve months to 30th September 2007, Swales reported, on a pro-forma basis, turnover of approximately £6.4m, EBIT of approximately £0.6m, and EBITDA of approximately £0.9m. Graeme McFaull, Wincanton's Chief Executive commented: 'Wincanton has a strong track record of growing both organically and through acquisition. The acquisition of Swales will strengthen Wincanton's leading position in this sector and follows the successful integration of RDL into the business in October 2006.' For further information please contact: Wincanton plc Graeme McFaull, Chief Executive 01249 710 000 Gerard Connell, Group Finance Director Buchanan Communications Charles Ryland / Jeremy Garcia 020 7466 5000 This information is provided by RNS The company news service from the London Stock Exchange LDLDIID

Companies

Wincanton (WIN)
UK 100

Latest directors dealings