17 Mar 2016 17:47
17 March 2016
RM2 International S.A.
RM2 Pallets Accepted into Supply Chain of Canada's Largest Retailer
RM2 (LSE-AIM: RM2), the sustainable composite pallet innovator, is pleased to announce that Loblaw Companies Ltd (TSX: L) ("Loblaw"), Canada's largest retailer employing approximately 192,000 full- and part-time employees, has begun accepting RM2 pallets in its supply chain network. RM2 will continue to work with Loblaw to further implement a programme of pallet deployment in the coming years.
Loblaw Executive Vice President of Supply Chain, Rob Wiebe, commented: "We are very pleased to begin accepting RM2 pallets in our distribution centres, and we look forward to working with selected vendors to support this important sustainability and efficiency initiative."
John Walsh, Chief Executive Officer of RM2, said: "Loblaw is greatly respected as an innovative retailer with a deserved reputation as a champion of environmental responsibility. We are delighted to be chosen to partner with them and their supplier community to bring cost efficiencies, greater sustainability and innovation into the supply chain."
For further information, please contact:
RM2 International S.A. | +44 (0)20 8820 1412 |
John Walsh, Chief Executive Officer Jean-Francois Blouvac, Chief Financial Officer | |
RBC Capital Markets | +44 (0)20 7653 4000 |
Tristan Lovegrove Pierre Schreuder | |
Ema Jakasovic
| |
Citigate Dewe Rogerson | +44 (0)20 7638 9571 |
Simon Rigby Rob Newman Ellen Wilton |
Notes to Editors
RM2 International S.A. specialises in pallet development, manufacture, supply and management to establish a leading presence in global pallet supply and improve the supply chain of manufacturing and distribution businesses through the effective and efficient use and management of composite pallets. It is quoted on the AIM market of the London Stock Exchange under the symbol RM2.L.
For further information, please visit www.rm2.com
Loblaw Companies Limited is Canada's food and pharmacy leader, the nation's largest retailer, and the majority unitholder of Choice Properties Real Estate Investment Trust.
Loblaw provides Canadians with grocery, pharmacy, health and beauty, apparel, general merchandise, banking, and wireless mobile products and services.
With more than 2,300 corporate, franchised and Associate-owned locations, Loblaw, its franchisees, and Associate-owners employ approximately 192,000 full- and part-time employees, making it one of Canada's largest private sector employers.
Loblaw's purpose - Live Life Well - puts first the needs and well-being of Canadians who make one billion transactions annually in the companies' stores. Loblaw is positioned to meet and exceed those needs in many ways: convenient locations; more than 1,050 grocery stores that span the value spectrum from discount to specialty; full-service pharmacies at more than 1,250 Shoppers Drug Mart and Pharmaprix locations and more than 500 Loblaw locations; no-fee banking with PC Financial; affordable Joe Fresh fashion and family apparel; and three of Canada's top consumer brands in Life Brand®, noname® and President's Choice®. Through the PC Plus™ and Shoppers Optimum® loyalty programs, more than one in every three Canadians are rewarded for shopping with the companies.
For more information, visit Loblaw's website at www.loblaw.ca and Loblaw's issuer profile at www.sedar.com.