VEL14 Jun 2019 08:13
The Group has made promising and rapid progress in recent months on new business opportunities in a number of new territories. In particular, as announced on 12 June 2019, the Group is now able to leverage a potentially significant collaboration agreement with Wesco Aircraft Holdings, Inc. (NYSE: WAIR), a leading independent distributor and provider of comprehensive supply chain management services to the global aerospace industry. The agreement will require investment by Velocity in the US (a new territory for the Group).