INTERVIEW: Wincanton Eyes Public Sector Opportunities
June 10 2010 - 6:02AM
Dow Jones News
Haulier Wincanton PLC (WIN.LN) Thursday said it is eyeing more
opportunities in the public sector following a recent joint venture
with outsourcing specialist Serco Group PLC (SRP.LN).
"Public sector outsourcing isn't something we have been heavily
involved in but there's quite a lot of opportunities in the medium
term," Wincanton Group Chief Executive Officer Graeme McFaull told
Dow Jones Newswires.
The logistics company said Tuesday it entered a joint venture
with outsourcing firm Serco to bid for prisoner escort services in
the U.K.
The U.K. government is expected to turn to outsourcing as part
of its efforts to drive down public spending.
McFaull said Wincanton believes its expertise in managing large
workforces and squeezing out savings could prove attractive to
government departments.
He wasn't specific on particular projects because the government
hasn't announced precise plans yet, but said Wincanton is
increasingly active in the defense sector, where customers include
BAE Systems PLC (BA.LN) and General Dynamics Corp. (GD).
-By Jason Douglas, Dow Jones Newswires; 44-20-7842-9272;
jason.douglas@dowjones.com
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