RNS Number : 3018S

Wincanton PLC

08 July 2020

 For Immediate Release   8 July 2020 

Wincanton PLC

("Wincanton", the "Company" or the "Group")

Asda Contract Extension

Wincanton secures a two-year contract extension with Asda

Wincanton plc, the largest British third-party logistics company, today announces that it has successfully extended its relationship with Asda ("Asda Stores Ltd"), for the management of its transport and warehousing operations.

The Wincanton-Asda relationship dates back to 2005, and this two-year extension confirms the continuation of our services through to 2023.

The partnership includes the management of warehousing and national transport operations across four key Asda sites in Doncaster, Larne, Rochdale and Wigan, covering frozen, chilled and ambient grocery, and general merchandise. The contract employs 1,385 Wincanton staff and 53 vehicles.

James Wroath, CEO of Wincanton, commented:

"We welcome this extension as a reflection of our strong collaborative relationship with Asda. As we face new challenges ahead, I'm certain Wincanton will add expertise and value to this long-standing partnership."

Chris Hall, Senior Director - Central Logistics, Asda, commented:

"We are delighted to extend our on-going and productive relationship with Wincanton. When collaboration in the supply-chain is more important than ever, we look forward to continuing to find new and innovative ways to add value for both organisations."


For further information please contact:

Wincanton Plc Tel: 01249 710 000

Tim Lawlor, Chief Financial Officer

Buchanan Tel: 020 7466 5000

Richard Oldworth/Vicky Hayns

Notes to Editors

Wincanton plc

Wincanton is the largest British third-party logistics (3PL) company, providing supply chain solutions to some of the world's most admired brands across a wide range of industries including retail, construction, defence and energy.

As a trusted and respected business partner, we design and implement services and solutions that range from setting up and operating distribution networks through to bonded warehouses, technology hosting, container transport and storage. We strive for operational excellence in everything we do.

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. Our customers rely on us to make their businesses operate more efficiently and to gain a competitive advantage in their sector.

Improved stock visibility and availability, reduction of lead times, 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 more than 20 years.

Key facts:

   --    Annual revenue in the UK & Ireland exceeds GBP1.2 billion 
   --    19,100 colleagues including 5,500+ drivers 

-- Operates from 200+ locations with 14 million square feet of warehousing across the UK and Ireland

   --    Operating responsibility for around 3,500 vehicles 


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(END) Dow Jones Newswires

July 08, 2020 02:00 ET (06:00 GMT)

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