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Clipper Logistics secures five-year contract with Joules
The new contract is set to start early this year, employing around 200 people. There will be a multi-million pound investment programme into the operation this year and the next to expand capacity, Clipper said.
"This will be a fast-moving fulfilment and logistics operation involving inbound deliveries from a variety of UK based and international suppliers over seven days a week and will fulfil orders for the retail, e-commerce and wholesale customers of the Joules brand," the company said.
Marc Dench, chief financial officer of Joules Group, said: "We are delighted to be entering this long-term partnership with Clipper for the operation of our distribution centre in Corby. Through the process we have been impressed with Clipper's capabilities and their cultural alignment with our business."
At 12340 GMT, the shares were up 1.8% at 290p.
Latest CLG News
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20 May 2022 - IN BRIEF: GXO waives UK approval condition for Clipper Logistics deal
18 May 2022 - IN BRIEF: GXO gets clearance from Polish watchdog for Clipper takeover
12 May 2022 - DIRECTOR DEALINGS: Taseko Mines director buys shares worth USD293,000
8 Apr 2022 - TOP NEWS: Evraz and Polymetal exit FTSE 100 amid Russia fallout
2 Mar 2022 - IN BRIEF: Clipper Logistics agrees GBP965 million GXO Logistics offer
28 Feb 2022
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