The Co-op Renews Food Logistics Contract

RNS Number : 1732F

Wincanton PLC

26 July 2016

 

For Immediate Release                                                                                                                                         26 July 2016

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

The Co-op Renews Food Logistics Contract

Wincanton plc, a leading provider of supply chain solutions in the UK and Ireland, is pleased to announce that it has renewed its distribution contract with the Co-op.

The Co-op has signed another five year agreement with Wincanton which will service the Co-op's Logistics depots; Lea Green in Merseyside and Cardinal in Cambridgeshire.  Wincanton will utilise around 700 staff and a fleet of over 500 vehicles to support the challenging demands of the grocery marketplace, making c.130,000 journeys per annum to up to 1,000 Co-op stores nationwide.

The Co-op has been a long-standing client of Wincanton for over 25 years and, as part of this renewed relationship, Wincanton will seek to achieve further efficiencies and continuous improvement benefits across its logistics operations.

Adrian Colman, Chief Executive, Wincanton commented:

"Wincanton will deliver transformational change, utilising our continuous improvement expertise to capitalise on opportunities for further efficiencies across these operations. This significant contract renewal with the Co-op underlines our leadership in the UK grocery sector for supporting successful retailers in their ambitions to win market share."

Commenting on the contract further, Jon Paul Brown, Head of Transport, the Co-op said:

"Renewing our food logistics contract with Wincanton is an important part of our re-build strategy, which continues at pace. We remain committed to delivering the best possible service to stores and we are confident that continuing our long-term relationship with Wincanton will help this and reduce our operating costs, to support investment in our business and members going forward."

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

Notes to Editors

Wincanton plc - the smarter logistics partner

From kitchen equipment and wallpaper, through to groceries, tiles, bricks, clothing and diesel... almost everything that's bought for the home and workplace passes along a complex supply chain. In many cases that supply chain will be operated and managed by Wincanton.

Our customers, who include some of the world's most admired brands, rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

As a trusted and respected business partner, we design and implement logistics services that range from setting up and operating distribution services and networks through to bonded warehouses and technology hosting, container transport and storage.

Improved stock visibility and availability, reduction of lead times, operational excellence, collaborative warehousing and transport models, and an absolute commitment to continuous improvement, are just some of the reasons why many of our customer relationships extend to over 20 years.

With in-depth sector knowledge and insight, we cover a wide range of markets including retail, consumer goods, construction, dairy, defence, industrial, fuels and energy. We work hard to understand and respond to our customers' needs, build long term relationships and use our skills and expertise to deliver a smarter, added value service, every day.

Key facts:

·     Annual revenue in the UK & Ireland exceeds £1 billion

·     Circa 18,000 employees including 4,000+ drivers 

·     Operates from 200+ locations with 6.6 million square feet of warehousing across the UK and Ireland

·     Operating responsibility for around 3,400 vehicles

 

END

 

 

CNTSEWFIIFMSEIW