16 March 2017
Wincanton PLC
('Wincanton' or the 'Group')
Multi-year logistics contract secured with wilko
Wincanton plc, the largest British logistics company, is pleased to announce that it has secured a five-year contract with one of the UK's fastest growing retailers, wilko.
The contract will see Wincanton manage all UK transport operations for wilko from store replenishment to yard management and backhaul, making at least 100,000 deliveries per annum. This represents an exciting new contract win with wilko, which has grown to nearly 400 stores in the 85 years since it was established. Wincanton will work in partnership with wilko to transform its supply chain.
Additionally, Wincanton's fleet maintenance arm, Pullman Fleet Services, will run two workshops to service the wilko fleet and maximise vehicle availability, further improving efficiency.
Adrian Colman, Chief Executive of Wincanton commented further:
"We are looking forward to developing a new and exciting partnership with the successful high street retailer wilko. We have a long history of excellent service in the retail sector and this contract further builds upon our expertise and experience to deliver a best-in-class supply chain that meets the increasingly complex demands of consumers. I look forward to Wincanton being part of wilko's continued success."
The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
ENDS
For further information, please contact:
Wincanton plc
Adrian Colman, Chief Executive Officer
Tim Lawlor, Chief Financial Officer 01249 710 000
Buchanan
Richard Oldworth, Victoria Hayns, Jane Glover 020 7466 5000