Wincanton PLC
Encyclopedia
Wincanton plc is a British
provider of logistics
with its origins in milk haulage. The company provides transport and logistics services including specialist automated high bay, high capacity warehouses, and supply chain management
for businesses. Wincanton's specialist markets include water, retail and manufacturing industries. It also provides container transportation, logistics and related services to numerous other industries. It is listed on the London Stock Exchange
and is a former constituent of the FTSE 250 Index
.
and Uniq. In 2001, Wincanton plc demerged
from Uniq, and was listed on the London Stock Exchange
. Wincanton was included in the FTSE 250 stock market index
from February 2006.
Through the 1990s and 2000s, Wincanton grew market share in several sectors. The chilled division became a market leader. Cash generated here enabled growth of the business into additional markets. Technical road transport engineering experience and associated commercial advantage allowed the company to grow its service offering in the petrochemical sector. Long standing contracts exist with Total, Texaco, Exxon Mobil, Q8 and Shell.
, Somerset, although the head office is now in the Methuen Park district in Chippenham
, Wiltshire.
Wincanton currently employs in the region of 30,000 people across Western Europe through a network of over 400 sites. The Wincanton fleet comprises around 8,000 vehicles including conventional trucks and trailers, as well as a range of specialist equipment including skeletal trailers, tankers, construction vehicles, barges and trains, providing multi-modal transport.
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
provider of logistics
Logistics
Logistics is the management of the flow of goods between the point of origin and the point of destination in order to meet the requirements of customers or corporations. Logistics involves the integration of information, transportation, inventory, warehousing, material handling, and packaging, and...
with its origins in milk haulage. The company provides transport and logistics services including specialist automated high bay, high capacity warehouses, and supply chain management
Supply chain management
Supply chain management is the management of a network of interconnected businesses involved in the ultimate provision of product and service packages required by end customers...
for businesses. Wincanton's specialist markets include water, retail and manufacturing industries. It also provides container transportation, logistics and related services to numerous other industries. It is listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
and is a former constituent of the FTSE 250 Index
FTSE 250 Index
The FTSE 250 Index is a capitalisation-weighted index consisting of the 101st to the 350th largest companies on the London Stock Exchange. Promotions to and demotions from the index take place quarterly in March, June, September and December...
.
History
Wincanton was founded in 1925, as Wincanton Transport & Engineering Ltd, a subsidiary of West Surrey Central Dairy Company Ltd, a company which has since been known as Cow & Gate, UnigateUnigate
Uniq plc is a British food manufacturer. It is listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index.-History:...
and Uniq. In 2001, Wincanton plc demerged
Demerger
Demerger is a form of corporate restructuring in which the an entity's business operations are segregated into one or more components. It is the converse of a merger or acquisition....
from Uniq, and was listed on the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
. Wincanton was included in the FTSE 250 stock market index
Stock market index
A stock market index is a method of measuring a section of the stock market. Many indices are cited by news or financial services firms and are used as benchmarks, to measure the performance of portfolios such as mutual funds....
from February 2006.
Through the 1990s and 2000s, Wincanton grew market share in several sectors. The chilled division became a market leader. Cash generated here enabled growth of the business into additional markets. Technical road transport engineering experience and associated commercial advantage allowed the company to grow its service offering in the petrochemical sector. Long standing contracts exist with Total, Texaco, Exxon Mobil, Q8 and Shell.
Operations
The company's origins are in WincantonWincanton
Wincanton is a small town in south Somerset, southwest England. The town lies on the A303 road, the main route between London and South West England, and has some light industry...
, Somerset, although the head office is now in the Methuen Park district in Chippenham
Chippenham
Chippenham may be:* Chippenham, Wiltshire* Chippenham * Chippenham, Cambridgeshire-See also:* Virginia State Route 150, also known as Chippenham Parkway, USA* Cippenham, Berkshire, UK...
, Wiltshire.
Wincanton currently employs in the region of 30,000 people across Western Europe through a network of over 400 sites. The Wincanton fleet comprises around 8,000 vehicles including conventional trucks and trailers, as well as a range of specialist equipment including skeletal trailers, tankers, construction vehicles, barges and trains, providing multi-modal transport.