Wincanton is to sell its records management business (WRM) to market specialists Restore for £60m after signing a conditional agreement. WRM has provided document storage and shredding services across the UK and Ireland for over 14 years and currently employs 167 people. For the year ending 31 March WRM generated EBITDA (Earnings Before Interest, Tax, Depreciation and Amortisation) of £5.4m on a turnover of £22.4m. It had gross assets valued at £22.2m. Wincanton said that the disposal would allow it […]
Operators delivering to B&Q and Screwfix DCs are being called to account by customers as a result of fines.
Kitchen supplier Howdens Joinery has awarded a three-year contract to Wincanton, after ending its relationship with DHL Supply Chain earlier this year.
Wincanton has slammed the government’s forthcoming Lorry Road User Charge (LRUC) for not doing enough to level the playing field between UK and foreign operators. In a blog on its website the largest UK-owned operator said that the widely reported charge of £10 per day for foreign lorries to run on British roads “ought to be four or five times that amount” to “have any real impact”. Later this month the government will publish draft legislation containing details about the […]