Brambles Industries PLC
10 April 2003
CLEANAWAY WINS £91 MILLION CROYDON COUNCIL CONTRACT
CLEANAWAY, a leading waste management company within the Brambles Group, has
been awarded a £91 million seven-year contract to provide a range of waste
services to Croydon Council in South London. This brings the CLEANAWAY UK total
municipal services order book to £700 million.
From the beginning of August 2003, CLEANAWAY will be responsible for
transforming the quality of Croydon's refuse collection and street cleansing,
and for increasing the recycling rate from the current 14% to meet Government
Gerben Westra, Chief Executive Officer, CLEANAWAY said: 'We are delighted to
have won this very important contract and we are looking forward to forming a
close working partnership with Croydon Council.
'CLEANAWAY has a proven track record in the provision of first class services to
local authorities in the UK and abroad. Our experience and clear understanding
of the challenges facing UK local authorities today, and the fact that we have
worldwide recycling know-how and the required infrastructure in place will
enable us to work together with Croydon Council on meeting the challenges of
delivering its Waste Strategy.'
For further information, contact:
Investor Sue Scholes, Head of Investor Relations +44 (0) 20 7659 6012
Media Richard Mountain, Financial Dynamics +44 (0) 20 7269 7291
Investor John Hobson, Head of Investor Relations +61 (0) 414 239 188
Media Edna Carew, +61 (0) 2 9256 5204
Group Manager Corporate Communications Mobile +61 (0) 412 270 497
Brambles Industries is globally headquartered in Australia
Notes to editors
Brambles is a leading global support services provider with operations in 40
countries across Europe, the Americas and Asia Pacific. With full year 2002
turnover of approximately £3 billion, operating profit of more than £400 million
and assets of £3.7 billion, it employs some 31,000 personnel worldwide. Its key
global businesses are CHEP, CLEANAWAY and RECALL.
• CHEP is the world's pioneer and leader in the provision of pallet pooling
services. CHEP pallets facilitate the efficient operation of supply chains
for most of the developed world's leading international FMCG (Fast Moving
Consumer Goods) companies. These companies require the fast availability
of high quality pallets and other types of standard loading equipment and
transit packaging wherever they operate. CHEP meets this need through its
global reach and scale, combined with its proven logistics and supply chain
management capability and its established pallet pools and infrastructure in
more than 30 countries.
• CLEANAWAY is a leader in the collection, sorting, recycling, transfer and
disposal of waste, particularly in UK, Germany and Australia. Through
Cleanaway Germany, it is one of the largest paper recycling and trading
businesses in Europe.
• RECALL is a global business managing physical and digital documents through
their entire life cycle.
It also has a number of other global and regional businesses, such as Industrial
Services, Meineke Car Care Centers and Interlake Material Handling.
The combined group was formed in August 2001, when Brambles Industries plc,
previously the support services activities of GKN plc, was listed in London and
then combined in a Dual Listed Company structure with Brambles Industries
Limited of Australia. The two companies were previously joint venture partners.
This information is provided by RNS
The company news service from the London Stock Exchange