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28 Jan 2009 07:00
STOBART GROUP LIMITED
('Stobart Group' or 'the Group')
Stobart Group signs ten-year contract with Nestlé UK Ltd.
Eddie Stobart Ltd, part of the Stobart Group, the UK's leading provider of multimodal transport and logistics solutions, is pleased to announce that it has signed a ten year contract to provide warehousing facilities to Nestlé UK Ltd. ('Nestlé').
The contract, which will be worth around £110 million over ten years, will incorporate the seasonal and export confectionery business alongside our existing distribution operation at Bardon.
Stobart already undertakes some road transport operations for Nestlé and this warehousing contract brings another element of its multimodal offering.
Andrew Tinkler, Chief Executive of Stobart Group, said:
"I am delighted that we have been able to build on our existing relationship with Nestlé by securing this major long-term contract. Our warehousing division already occupies in excess of 6m sq ft of state-of-the-art facilities throughout the UK, and this contract illustrates the way in which we can offer value-added distribution activities to major customers."
28 January 2009
ENQUIRIES:
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Stobart Group
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Tel: 01625 860377
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Julie Gaskell, Head of Communications
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Mobile: 07768 038912
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College Hill
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Tel: 020 7457 2020
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Gareth David
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Mobile: 07774 444162
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