EDDIE STOBART LTD WINS MAJOR
For immediate release, 5th October 2010
EDDIE STOBART LTD WINS MAJOR NEW DISTRIBUTION DEAL WITH BRITVIC PLC
· New three-year multi-million pound contract
· Expands upon 20 year logistics relationship between Eddie Stobart Limited and Britvic Plc
· Largest distribution contract awarded by Britvic in the UK
Eddie Stobart Limited ("ESL"), a division of the Stobart Group - the UK's leading provider of multimodal logistics solutions, has agreed commercial terms for a major new distribution contract with Britvic Plc, the soft drinks company.
The new agreement, subject to final contractual documentation, will see ESL provide ambient transport solutions covering the whole of Britvic's primary manufacturing and distribution activities in the UK. Under the new contract, ESL will undertake both deliveries into the company's UK manufacturing facilities and customer deliveries from several Britvic distribution centres across the country.
This is the first time Britvic has undertaken such a sizeable transport and logistics arrangement with a single provider, and is the largest distribution contract awarded by the company in the UK.
Stobart Group CEO, Andrew Tinkler, said: "We're extremely pleased to have this opportunity to build upon our long-term partnership with Britvic. Our multimodal logistics offering will help deliver efficiency benefits and, through our rail freight network, Stobart Group can help Britvic meet, and even exceed, its carbon reduction targets. Our business model and tracking systems increase client confidence by providing operational information that most other companies can't deliver."
ENDS
About Stobart Group
Stobart Group is listed on the London Stock Exchange in the FTSE250 (LSE:STOB),
and is the UK leader in multimodal transport and logistics solutions. It is one of the most recognised and strongest brands in Britain, best known for its iconic Eddie Stobart trucks. Today, Eddie Stobart is the name behind a road haulage fleet totaling 1,850 trucks and over six million square feet of cutting-edge warehousing facilities. By size, Eddie Stobart has the best vehicle utilisation in the industry, helping to maximise efficiency and environmental benefits.
The Group has pioneered several environmental initiatives in the industry such as modal shift from road to rail with the Stobart Rail low-carbon service that brings fresh produce into the UK from southern Europe via the Channel Tunnel. Stobart is also innovating with the creation of Stobart Biomass Products Limited, a new venture with A.W. Jenkinson - the UK leader in biomass fuels. This positions the Group at the heart of the fast growing and transport intensive market for renewable energy.
Stobart Group employs over 5,000 people in 40 different locations, offering multimodal logistics solutions to customers across Europe through the Stobart Rail, Stobart Ports, Stobart Air and Eddie Stobart Divisions. The Group is fast developing these divisions into industry leaders, and by developing assets such as London Southend Airport, Carlisle Lake District Airport and Mersey Multimodal Gateway in Widnes, is creating new business for the Group's core transport and logistics operations.
Further information:
James Andrew 07772 534 985 / james@influenceltd.com
This information is provided by RNS
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