M&S Contract

RNS Number : 4360Y
Wincanton PLC
03 September 2009
 



For Immediate Release

 3 September 2009


Wincanton plc


£275m M&S Contract Awarded


Wincanton Strengthens Market-Leading Position in Retail Sector



Wincanton plc ('Wincanton' or the 'Group'), the leading European supply chain solutions provider, is pleased to announce that it is becoming a strategic partner to Marks & Spencer ('M&S') following the award of three, five-year contracts to run critical areas of the M&S supply chain. The contracts are expected to generate some £275m of turnover for the Group.  


This major award is further confirmation of Wincanton's market-leading position in added-value supply chain services to the retail sector. 


The new contracts will see Wincanton managing M&S's home delivery network for furniture and large products as well as the distribution of general merchandise in the South of England. They also extend the current agreement for the national management of shop fittings and store equipment.  


Graeme McFaull, Wincanton Chief Executive commented


 'We are delighted with this very significant expansion of our business with M&S, which creates a major new strategic partnership for Wincanton and confirms and strengthens our market-leading position in the retail sector. 


We look forward to working closely with M&S to achieve its environmental and operational goals and to delivering a store-based and home delivery supply chain that is both sustainable and cost-effective.'




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 / Ben Romney        020 7466 5000


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