The investor that successfully campaigned against DX Group’s former executive team last year has called for Wincanton to sell one of its two divisions after buying a 2% stake in the 3PL. Gatemore Capital Management made headlines last year as a DX Group shareholder, when it demanded the removal of then- board chairman Bob Holt and non-executive director Paul Murray after the operator’s share price plummetd. It later bought more shares in the business, making it the group’s majority shareholder. […]
Wincanton has repeated its insistence that the pay offer to staff at B&Q’s distribution warehouse in Worksop was fair and competitive, after workers said they were escalating previous industrial action to all-out strikes.
Wincanton has renewed its long-standing contract with Sainsbury’s, in a deal that will see the companies’ relationship reach the 25 year mark.