Brammer PLC Proposed consolidation of Coventry DC (6271K)
26 June 2014 - 11:05PM
UK Regulatory
TIDMBRAM
RNS Number : 6271K
Brammer PLC
26 June 2014
FROM HUDSON SANDLER FOR BRAMMER
PRESS RELEASE
26(th) June 2014
Brammer plc
Proposed consolidation of Coventry Distribution Centre and
Offices
to Wolverhampton and Wythenshawe
Brammer plc (the "Company"), the leading pan-European added
value supplier of industrial maintenance, repair and overhaul
product solutions, has today entered into a consultation with staff
in the UK over the proposed consolidation of the business
activities carried out at the Company's Coventry distribution
centre and its offices (the "Coventry Site") to the Wolverhampton
distribution centre and Wythenshawe offices. It is also proposed
that, subject to employee consultation, the Company close the
Coventry Site by the end of the summer (together the
"Consolidation").
The proposed Consolidation would enable the Company to better
utilise the significant spare capacity and highly automated
warehouse systems that exist in the Wolverhampton distribution
centre, allowing streamlining of the stock holding, supply chain
and logistics activities which are currently duplicated at the
Coventry Site. It would also enable the consolidation of all UK
finance and administration activities at the Wythenshawe office
further improving customer service and operational efficiency.
Enquiries: Hudson Sandler 020 7796 4133
Andrew Hayes
Katie Matthews
This information is provided by RNS
The company news service from the London Stock Exchange
END
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