WIN Wincanton Plc

TIDMWIN

RNS Number : 2221U

Wincanton PLC

28 July 2020

 
 For Immediate Release   28 July 2020 
 

LEI: 213800Z5WTW8QKOHWQ82

Wincanton plc

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

Wincanton announces new eFulfilment facility

and five-year contract extension with Loaf

Wincanton plc, the largest British third-party logistics company, today announces the creation of a new dedicated eCommerce facility in Nuneaton, Warwickshire. The site will service its high growth eFulfilment business, to begin operations later this month.

The first beneficiaries of this new site will be existing Wincanton customers, home furnishings brand Loaf, and health and beauty company Neal's Yard Remedies. Wincanton will operate the facility under its W2 digital banner, with plans for further investment in cloud-fulfilment systems and robotics. This will accelerate online growth in the home, and health and beauty sectors.

As part of the transition, Wincanton has secured a new warehouse contract with Loaf for a further five years. Wincanton manages the end-to-end supply chain for Loaf including warehousing services, order fulfilment, carrier management and two-person home delivery.

James Wroath, CEO of Wincanton, commented:

"This new site, along with the new contract with Loaf, is a clear demonstration of Wincanton's capability and commitment to supporting our customers' growth and digital plans. A relentless focus on superior customer service and innovating through technology is key to continuing both our and their success in eCommerce."

Charlie Marshall, founder and CEO of Loaf, said:

"Wincanton has been a long-standing partner of Loaf. We are excited to continue this partnership in the new Nuneaton facility, which is well set up to support our ambitious growth plans."

-Ends-

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.

W(2)

Launched in 2017, W(2) is Wincanton's digital innovation programme for developing our products and services across all sectors of the Group to drive sustainable value in the supply chain. In 2020 Wincanton committed to further invest in the creation of a new W(2) Innovation Centre, as part of their eFulfilment Centre in Nuneaton, as well as robotics and Cloud Fulfilment systems.

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 

www.wincanton.co.uk

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July 28, 2020 02:00 ET (06:00 GMT)

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