WIN Wincanton Plc

TIDMWIN

Wincanton PLC

21 December 2016

21 DECEMBER 2016

Wincanton PLC

('Wincanton' or the 'Group')

New Contract Win

Wincanton plc, a leading provider of supply chain solutions in the UK and Ireland, today announces that it has won a four-year contract with IKEA, the largest home retail brand in the UK, to provide operational development and support of two new distribution centres which are intended to support the retailer's multi-channel distribution growth strategy.

The deal will support IKEA's e-commerce growth strategy and will see Wincanton lease and fit-out the warehouses on their behalf with a combined space of over 500,000 sq. ft. in locations both North and South of the River Thames.

The new facilities will create an efficient and reliable operation which will support IKEA's future growth plans.

ENDS

For further enquiries please contact:

 
 Wincanton plc                      Tel: 01249 710000 
  Adrian Colman, Chief Executive 
  Officer 
  Tim Lawlor, Chief Financial 
  Officer 
 Buchanan                           Tel: 020 7466 5000 
  Richard Oldworth, Victoria 
  Hayns, Jane Glover 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

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December 21, 2016 02:00 ET (07:00 GMT)

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