26th Mar 2007 07:01
Wincanton PLC26 March 2007 For Immediate Release 26 March 2007 Wincanton plc Wincanton Plc and Kerry Logistics launch an International joint venture Wincanton plc ('Wincanton' ), the leading European supply chain solutionsprovider, today announces it has signed a joint venture agreement with KerryLogistics, a Hong-Kong based logistics specialist, to design and operate supplychain solutions in and between Europe and Asia. With the increasing demand for products manufactured and sourced in Asia, thejoint venture will offer customers a single logistics solution , covering theirland, sea and air requirements, from manufacturing plants in the Far Eastthrough to stores across Europe and vice versa. The joint venture will combine Wincanton's market leadership in European supplychain services with Kerry Logistics' expertise and network in the Asian market. With a substantial portfolio of medium to large corporations, Kerry Logisticsserves customers in sectors such as retail and lifestyle consumer goods,electronics, mechanical engineering and automotive. This sector expertise fitswell with Wincanton's extensive blue-chip customer base across Europe. For further information please contact: Wincanton plc Tel: 01249 710 000 Graeme McFaull, Chief Executive Gerard Connell, Group FinanceDirector Buchanan Communications Tel: 020 7466 5000 Charles Ryland / Jeremy Garcia Kerry Logistics: Tel + 852 2410 3614 Emily Kwan Email: [email protected] Head of Corporate Communications Kerry Logistics About Wincanton: Wincanton Plc, headquartered in the UK, is one of Europe's leading supply chainsolution providers. Wincanton employs 30,000 people in 400 locations acrossEurope, and provides logistics services to a large range of market sectorsincluding retail, consumer goods, construction, petrochemicals, food service andhigh tech. Wincanton is a European leader in the design and delivery of advanced supplychain solutions. Its 30,000 people operate across Europe, producing an annualturnover of over £1.8bn / €2.6bn, and offer a broad spectrum of services thatenable clients to optimise their logistics requirements at local, national orregional level. Serving some of the world's leading companies, Wincanton offers extensiveexperience in many market sectors, including automotive, chemicals, consumergoods, food service, high tech, industrial, energy & petroleum and retail. Wincanton is focused on operational excellence, continually striving to providevalue and product leadership through a detailed understanding of companies'requirements. The results are solutions that allow customers to focus on theircore business. Warehousing solutions are tailored to requirements on adedicated, shared-user or networked basis, while transport is provided utilisingroad, rail, air and intermodal systems. Further information on Wincanton'sunique achievements and competencies can be found by visiting our updatedwebsite at www.wincanton.co.uk About Kerry Logistics: Kerry Logistics is an Asian based, China focused third party logistics company.Providing a range of logistics services including freight forwarding, expressparcel delivery, contract logistics, warehousing and distribution with 4,000staff in 120 offices, the company offers Pan China solutions to customers inmore that 1,100 cities. Headquartered in Hong Kong, Kerry Logistics operates in more than 180 cities in23 countries including Greater China, Indonesia, Malaysia, Cambodia, Singapore,Vietnam, Philippines, Korea, Thailand, India, Australia, UK, Spain, Germany,Switzerland, Austria, Belgium, Netherlands, France, USA, Canada, Mexico andPuerto Rico with 5,800 staff worldwide. Kerry Logistics' business portfolio encompasses contract logistics,international freight forwarding, warehousing, transportation, distribution,trading, merchandising and a wide variety of value added services and is nowmanaging more than 12 million sq. ft. of warehouses, logistics centres and portfacilities globally. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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