New Contract Win

RNS Number : 4149S
Wincanton PLC
21 December 2016
 

21 DECEMBER 2016

 

Wincanton PLC
('Wincanton' or the 'Group')

New Contract Win

 

Wincanton plc, a leading provider of supply chain solutions in the UK and Ireland, today announces that it has won a four-year contract with IKEA, the largest home retail brand in the UK, to provide operational development and support of two new distribution centres which are intended to support the retailer's multi-channel distribution growth strategy.

 

The deal will support IKEA's e-commerce growth strategy and will see Wincanton lease and fit-out the warehouses on their behalf with a combined space of over 500,000 sq. ft. in locations both North and South of the River Thames.

 

The new facilities will create an efficient and reliable operation which will support IKEA's future growth plans.

 

 

ENDS

 

For further enquiries please contact:

 

Wincanton plc

Adrian Colman, Chief Executive Officer

Tim Lawlor, Chief Financial Officer

 

Tel: 01249 710000

Buchanan

Richard Oldworth, Victoria Hayns, Jane Glover

 

 

Tel: 020 7466 5000

 

 


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