17 January 2008
Wincanton strengthens its container logistics offering with the acquisition of Hanbury Davies Ltd
Leading European supply chain provider, Wincanton, has today announced the acquisition of Hanbury Davies Ltd, a UK market leader in container operations.
The deal strengthens Wincanton’s position within the growing container transport market and complements its existing global transport capabilities.
Hanbury Davies has 21 locations across the UK, employs a workforce of 780, and operates 480 vehicles. With a customer portfolio that includes key freight forwarders and shipping lines, it provides a range of container services that enhance the efficiency of both inbound and outbound product flows through all major UK ports.
Over the past two years, Wincanton has developed a presence in the container logistics market with the addition of terminals at Alconbury and Southampton. As retailers and manufacturers extend their levels of global sourcing, traffic from the Far East is growing at 11% per annum and sea container volumes are expected to continue to rise by 6% each year.
The Hanbury Davies transaction represents the latest in a series of in-fill acquisitions which are enhancing Wincanton’s current profitability, broadening its business base and generating incremental opportunity for medium and longer-term growth.
Commenting on the acquisition, Martin Taylor, Managing Director, Wincanton, says, “The considerable strengthening of our container activities in the UK complements our market leading intermodal business in mainland Europe and extends our offering for our existing customer base. In Hanbury Davies, we have found a business that shares our vision and provides a strong cultural fit with Wincanton.”
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Editors’ notes – Wincanton plc
Wincanton plc – leading supply chain solutions
Wincanton is a European leader in the design and delivery of advanced supply chain solutions. Its 30,000 people operate across Europe, producing an annual turnover of over £1.9bn / €2.8bn, and offer a broad spectrum of services that enable clients to optimise their logistics requirements at local, national or regional level.
Serving some of the world’s leading companies, Wincanton offers extensive experience in many market sectors, including automotive, chemicals, consumer goods, food service, high tech, industrial, energy & petroleum and retail.
Wincanton is focused on operational excellence, continually striving to provide value and product leadership through a detailed understanding of companies’ requirements. The results are solutions that allow customers to focus on their core business. Warehousing solutions are tailored to requirements on a dedicated, shared-user or networked basis, while transport is provided utilising road, rail, air and intermodal systems. Further information on Wincanton's unique achievements and competencies can be found by visiting www.wincanton.co.uk
More information on Wincanton from Victoria AitchisonTel: +44 (0) 1249 710434Fax: +44 (0) 1249 710053
E-mail: victoria.aitchison@wincanton.co.uk
More press information from:
Duncan Gallagher, Ayleen Dunbar or Dave Turner at Publicasity on Tel: 01442 261199 or Fax: 01442 236401 or e-mail wincantonpr@publicasity.co.uk