Tag: UK

Consolidation in the UK logistics market is continuing. European supply chain provider Wincanton has acquired Lane Group plc, a UK market leader in home delivery. The acquisition will allow Wincanton to strengthen its position within the fast growing home delivery market.

Wincanton’s existing home delivery customers such as B&Q and Comet will be added to by Lane’s customer base which includes brands and retailers Homebase, Magnet, Electrolux and Bosch.

Martin Taylor, Managing Director of Retail, Wincanton, says: “The opportunities available to Wincanton as a result of the acquisition of Lane are significant and the company’s operation provides a good strategic fit.

“The home delivery market is a growing one, estimated to be worth GBP37.1bn during 2005, driven by the growth in internet shopping and multi-channel retailing. However, this is a sector that is ripe for improvement as the demands on home delivery operations become increasingly complex and smaller companies find it difficult to respond.

Managing Director of Lane Group plc Rebecca Jenkins said, “This is an exciting opportunity for Lane Group. Both Lane and Wincanton have a strong reputation for providing high quality customer service and with Wincanton’s plans to expand further into the home delivery market the acquisition has provided a natural business development and one that I am very positive about.”