Tue 09:16
MickTKipper
RE: WIN Contract Extension.......
57.50
No Opinion
REG - Wincanton PLC - Contract Renewal21 May 2013 - 07:00 For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130521:nRSU1457Fa RNS Number : 1457F Wincanton PLC 21 May 2013 For Immediate Release 21 May 2013 Wincanton PLC ('Wincanton' or the 'Group') Contract Renewal PERNOD RICARD UK CONTRACT SUCCESS FOR WINCANTON Five year renewal takes partnership beyond the 20-year milestone Wincanton PLC, a leading provider of supply chain services in the UK & Ireland, announces today that Pernod Ricard UK, part of the Pernod Ricard Group that is co-leader of the global wines and spirits industry, has awarded a five year warehousing and distribution contract for its UK warehousing, repacking and customer delivery transport operations. The contract, a renewal, builds on the strong partnership between the two businesses that stretches back to 1995 and will take the relationship well beyond the two decades milestone. One of the world's leading producers of distilled beverages, Pernod Ricard owns well-known premium brands including Absolut, Chivas, Jameson, Campo Viejo and Jacob's Creek. In addition to its day-to-day operations, Pernod Ricard UK is a major sponsor of UK and global sporting events, including Formula 1 and Wimbledon. As part of the contract renewal Wincanton will handle in excess of 7 million cases annually from its HMRC-approved bonded facility in Corby, Northamptonshire, where the team will also be responsible for: · The labelling (duty stamping) of individual bottles · The repackaging of bottles to facilitate pack size changes · Product customisation, including repackaging into gift boxes and application of neck tags to bottles · Building of point of sale display units Wincanton's CEO, Eric Born commented: "This contract renewal takes our partnership with Pernod Ricard UK to beyond the 20 year mark which is a tremendous achievement. It underlines our ongoing commitment to continuous improvement and seeking to unlock further potential in our customers' supply chains." Commenting on the five-year contract renewal with Wincanton, Phil Corfield, Operations and IT Director at Pernod Ricard UK, praised Wincanton's "excellent customer care". He said: "We've built our reputation on trust and transparency, both with our customers and business partners, and since 1995 Wincanton has consistently shown itself to be an organisation that shares these values. "Throughout our relationship, we have welcomed the Wincanton team's commitment to adding value and finding even more efficiencies in our supply chain through use of the latest technologies and processes." Ends. For further information please contact: Wincanton plc Eric Born, Chief Executive 01249 710 000 Adrian Colman, Group Finance Director Buchanan Jeremy Garcia / Gabriella Clinkard 020 7466 5000 www.buchanan.uk.com Editor
Tue 08:25
MickTKipper
WIN Contract Extension.......
55.00
Strong Buy
Contract extension........ http://www.investegate.co.uk/wincanton-plc--win-/rns/contract-renewal/201305210700081457F/