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.