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WIN Wincanton Plc

603.00
0.00 (0.00%)
Last Updated: 11:16:24
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Wincanton Plc LSE:WIN London Ordinary Share GB0030329360 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 603.00 603.00 604.00 604.00 603.00 604.00 496,987 11:16:24
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Arrange Trans-freight, Cargo 1.46B 33.2M 0.2718 22.19 736.46M

Wincanton PLC H.J.Heinz Contract Renewal (2591M)

06/05/2015 7:02am

UK Regulatory


Wincanton (LSE:WIN)
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TIDMWIN

RNS Number : 2591M

Wincanton PLC

06 May 2015

For Immediate release 6 May 2015

Wincanton PLC

('Wincanton' or the 'Group')

H.J.Heinz Contract Renewal

Contract win with H.J.Heinz takes relationship beyond 20 year milestone

Wincanton plc, a leading provider of supply chain solutions in the UK and Ireland, today announces that one of the world's most iconic food brands, H.J.Heinz, has renewed its long standing contracts.

The renewal sees Wincanton retain the service provision for the Heinz UK transport, warehouse and repack operations until at least 2019 taking the two businesses' relationship beyond the 20 year milestone.

Working from H.J. Heinz's automated national distribution centre in Wigan, Wincanton handles circa 35,000 loads, equating to over 90 million cases a year, ensuring the customer's household name products, including its famous baked beans, soups and sauces, are successfully despatched and delivered to retailers across the UK.

The contract also utilises Wincanton's extensive network in order to scale operations up and down to meet wide seasonal fluctuations in demand. This focus on maximising assets, including shared transport and warehousing initiatives, also delivers significant environmental benefits, a key factor for Heinz which prides itself on a long term commitment to sustainability.

In addition to transport, warehousing and repack services, Wincanton also provides order management and transport to Heinz Ireland, manages inbound transport of raw material, and oversees the complete process of around 72,000 orders a year.

Commenting on the contract renewal, Andrew Henderson, H.J. Heinz UK&I Supply Chain Director said:

"Wincanton is a proven, quality logistics service provider which offers flexible, expertise and insight to continually drive efficiencies in our supply chain. The partnership between Heinz and Wincanton is a long one which over the years has created value for both parties."

Eric Born, Wincanton's Chief Executive, said:

"We are proud and delighted to extend our partnership with Heinz, and are now firmly focused on looking at future innovations that we can implement to add further value to their business."

End.

For further information please contact:

 
 
  Wincanton plc 
Eric Born, Chief Executive                          01249 710 000 
Adrian Colman, Group Finance Director 
 
  Buchanan 
Richard Oldworth, Gabriella Clinkard, Jane Glover   020 7466 5000 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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