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. […]
Morrisons has confirmed plans to close the transport operation at its Swan Valley DC in Northampton, bringing in third parties to handle deliveries from the site.
Wincanton has won a new three-year contract with Wickes to deliver large bulky items to customers’ homes.
Wincanton has extended its warehousing contract with home furnishings firm Loaf for another five years as it moves to drive growth in the home, health and beauty sectors.