Wincanton plc

Wincanton plc
Type Public (LSEWIN)
Industry Logistics
Founded 1925
Headquarters Chippenham, United Kingdom
Key people David Edmonds (Chairman of the board), Eric Born (CEO)
Products Haulage
Supply chain management
Revenue £2.368 billion (year - Mar 2008)[1]
Operating income £38.2 million (year - March 2009)[1]
Profit £14.0 million (year - March 2009)[1]
Employees 30,000 (2010)
Website www.wincanton.eu

Wincanton plc (LSEWIN) is a British provider of logistics with its origins in milk haulage. The company provides transport and logistics services including specialist automated high bay, high capacity warehouses, and supply chain management for businesses.[2] Wincanton's specialist markets include water, retail and manufacturing industries.[2] It also provides container transportation, logistics and related services to numerous other industries.[2] It is listed on the London Stock Exchange and is a former constituent of the FTSE 250 Index.

Contents

History

Wincanton was founded in 1925, as Wincanton Transport & Engineering Ltd, a subsidiary of West Surrey Central Dairy Company Ltd, a company which has since been known as Cow & Gate, Unigate and Uniq.[3] In 2001, Wincanton plc demerged from Uniq, and was listed on the London Stock Exchange.[3] Wincanton was included in the FTSE 250 stock market index from February 2006.[3]

Through the 1990s and 2000s, Wincanton grew market share in several sectors. The chilled division became a market leader. Cash generated here enabled growth of the business into additional markets. Technical road transport engineering experience and associated commercial advantage allowed the company to grow its service offering in the petrochemical sector. Long standing contracts exist with Total, Texaco, Exxon Mobil, Q8 and Shell.

Operations

The company's origins are in Wincanton, Somerset, although the head office is now in the Methuen Park district in Chippenham, Wiltshire.[3][4]

Wincanton currently employs in the region of 30,000 people across Western Europe through a network of over 400 sites. As of 2010 The Wincanton fleet comprises around 8,000 vehicles including conventional trucks and trailers, as well as a range of specialist equipment including skeletal trailers, tankers, construction vehicles, barges and trains, providing multi-modal transport.[3][5]

References

External links