Wincanton plc

Wincanton plc
Public
Traded as LSE: WIN
Industry Logistics
Founded 1925
Headquarters Chippenham, United Kingdom
Key people
Steve Marshall (Chairman of the board), Eric Born (CEO)
Products Haulage
Supply chain management
Revenue £2.180 billion (year - Mar 2011)[1]
Increase £53.0 million (year - March 2011)[1]
Profit Increase -£25.9 million (year - March 2011)[1]
Number of employees
16,000 (2013)
Website www.wincanton.co.uk

Wincanton plc 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.

History

Wincanton was founded in 1925, as Wincanton Transport & Engineering Ltd, a subsidiary of the West Surrey Central Dairy Company, a company which has since been known as Cow & Gate, Unigate and presently Uniq.[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.

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]

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 directly employs in the region of 16,000 people across the United Kingdom and Ireland through a network of over 200 sites. As of 2012 The Wincanton fleet comprises over 3,000 vehicles including conventional trucks and trailers, as well as a range of specialist equipment including skeletal trailers, tankers and construction vehicles. Until the sale of its final continental European operations on 3 January 2012 it also operated barges and trains, thus providing multi-modal transport.[3][5]

References

  1. 1 2 3 "Annual Report 2011" (PDF). Wincanton. Retrieved 9 June 2011.
  2. 1 2 3 "History & Business". Wincanton Plc. Retrieved 10 Jun 2010.
  3. 1 2 3 4 5 "History & Business". Wincanton Plc. Retrieved 2008-04-26.
  4. "Contact us". Retrieved 2008-04-26.
  5. "Annual Report 2010" (PDF). Retrieved 2010-09-25.

External links


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