Abbey extends ADM oil seeds contract

Abbey Logistics Group has extended its longstanding oil seeds contract with Archer Daniel
Midlands (ADM) for a further three years, taking the relationship into its 30th year.

The contract involves the transportation of bulk oils and fats, such as rapeseed and palm oil, from the
ADM sites in Erith and Purfleet to customers across the UK and Northern Europe.

ADM is one of the world's largest food companies supplying human and animal nutrition with sales in excess of £48bn.

Since 1996 Abbey has been the main haulier for ADM in Erith and Purfleet using its food grade tanker fleet. This newly extended contract will see the Abbey and ADM relationship hit a 30-year milestone.

Nick Wheller, Abbey Logistics contract manager, said: "ADM are a prestigious customer of Abbey and a cornerstone in the company’s success and history.

"The two companies have worked closely together for a very long time and the relationship is going from
strength to strength.

"We are very proud to be ADM’s chosen logistics partner for bulk oil distribution and look forward to working towards an even greater service offering to the ADM customers over the coming
years.”

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Adam Spaull, ADM commercial operations manager, added: "The supply chain for most companies has
experienced significant disruption over the past few years due to COVID, driver shortage and high
inflation so I am pleased to extend our long standing relationship with Abbey and offer our customers the
continued stability in what has been a volatile market.

"We have also opted for a high proportion of the fleet to be dedicated to ADM which will increase the already strong service levels to our customers.”

The contract extension follows Abbeys recent £1.8m investment in 20 road new tankers in the current
calendar year, including liquid tanks from Van Hool and powder silo tanks from Feldbinder.

In its latest financial accounts to June 2022, Abbey achieved record sales of £67.5m and said this week the company is "on track" for £75m sales to June 2023.