Eddie Stobart Logistics Plc’s associate bags new contract from Wm Morrison Supermarkets PLC

Be the First to Comment Read

Eddie Stobart Logistics Plc’s associate bags new contract from Wm Morrison Supermarkets PLC

Eddie Stobart Logistics Plc’s (LON: ESL) associate company GreenWhiteStar Acquisitions Limited has won a substantial contract.

  • GreenWhiteStar Acquisitions Limited, a 49 per cent indirectly owned associate of the company has been appointed by Wm Morrison Supermarkets PLC to provide transportation services from two distribution centres.
  • This new three-year contract is in addition to the work that Eddie Stobart currently carries out on behalf of Morrisons and will see the company manage all transport planning and deliveries.
  • On 21 August 2020, at the time of writing, GMT 09:38 AM, ESL shares were trading at GBX 8.25, up by 0.65 points or 8.55% against the previous day closing price.

Disclaimer

Speak your Mind