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By
Reuters
Published
Sep 3, 2009
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Wincanton gets contracts worth £275 million from M&S

By
Reuters
Published
Sep 3, 2009

Sept 3 (Reuters) - British haulier Wincanton Plc (WIN.L) said on Thursday 3 September it was awarded three, five-year contracts worth a total of 275 million pounds ($447.6 million) from Marks & Spencer (MKS.L) to run certain areas of the retailer's supply chain.

Marks & Spencer

The company said it would manage M&S's home delivery network for furniture and large products as well as the distribution of general merchandise in the South of England.

The contracts also extend the current agreement for the national management of shop fittings and store equipment, the company said.

Wincanton shares closed at 215 pence on Wednesday 2 September on the London Stock Exchange. ($1=.6143 POUND)

(Reporting by Tresa Sherin Morera in Bangalore; Editing by Jarshad Kakkrakandy)

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