CEVA Logistics awarded contract renewal with Tangerine Confectionery
03 September 2008 - 17:23 CET
Contract involves warehousing and nationwide distribution
ASHBY DE LA ZOUCH, 3 September 2008 - Tangerine Confectionery, the UK's largest independent sugar confectioner, has appointed CEVA Newsfast, a CEVA Logistics UK division with the UK's largest high quality multi-user logistics network, as its supply chain partner.
Under the new smart solution CEVA will collect product from Tangerine's production plants in the North West of England and Yorkshire and transport it to Tangerine's distribution centre in Chesterfield for onward distribution to supermarket RDCs (regional distribution centres), wholesalers and retailers via CEVA's shared-user network.
The contract, which employs 82 people, also involves management of a stockholding store for two large retailers in Leeds.
John Smith, Group Logistics Manager says "Tangerine is a market leading business. Customer service, client and consumer satisfaction are our top priorities.
"By outsourcing our logistics activities to CEVA we are able to gain greater distribution flexibility and working in close partnership can provide a high quality service to meet the needs of our clients and customers. We are also better placed to meet our ambitious plans for growth."
"Following a detailed competitive tender process we are delighted that Tangerine selected CEVA as its logistics partner. We look forward to providing them with a high quality, cost-effective service," says David Bermingham, Managing Director, CEVA Newsfast. "We plan to introduce a number of double-decked trailers to the operation, reducing the number of vehicles and the distance covered by 200,000 miles per year."
Tangerine and CEVA have worked together since 2004, when CEVA Newsfast managed warehousing and distribution of confectionery for Toms UK (one of several companies acquired and rebranded by Tangerine) at its sites in Bristol and Bryn.
CEVA's other grocery customers include Del Monte, John West, Twinings, Whitworths and Wrigleys. The company also offers primary consolidation centre facilities to leading multiple retailers Tesco, Somerfield and Asda.
For more information contact:
Lindsey Randle
Communications Officer
+44 (0)1530 568709
Lindsey.Randle@cevalogistics.com
About CEVA Newsfast
CEVA Newsfast, a division of CEVA Logistics UK, operates the largest high quality multi-user logistics network in the UK. It has a fleet of 800 vehicles working through its network of 19 multi-user depots for more than 80 clients. Customers include food manufacturers, high street retailers, stationery and packaging companies as well as the newspaper publishers. CEVA Newsfast carries more than 100 million newspapers a year and also makes more than 1,000 wholesale magazine deliveries every week, for 1,300 different titles.
CEVA. Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight forwarding to large and medium-sized national and multinational companies. CEVA employs 54,000 people and runs an extensive global network with facilities in over 100 countries. Following the merger with EGL in August 2007, the new combined company had pro forma sales of € 6.3 billion. For more information, please visit www.cevalogistics.com.
About Tangerine
Tangerine Confectionery is the UK's leading independent sugar confectionery maker. Tangerine Confectionery also produces famous names such as MOJO chews Butterkist Popcorn, Barratt Sherbet Fountains and Princess Little Delights and Marshmallows. In addition it distributes O/Zon mints and upmarket Anthon Berg chocolate liqueurs and produces a range of own-label gums, jellies, hard-boiled sweets, humbugs and toffees.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
