Independent journal on economy and transport policy
04:31 GMT+2
This page has been automatically translated by Original news
Britain's Wincanton sells its container business to compatriot Maritime
Preliminary agreement for a sale worth 1.5 million pounds
October 5, 2020
Motivating the decision to divest the business, Wincanton explained that it's a business branch subject to a high volatility in demand and that the short duration of contracts differs from the main business model company. In addition, Wincanton specified that he believed that the container segment may require investments within next two years, resources that the company intends to allocate to sectors of the group's most valuable.
Wincanton has announced that the divestment will result in a group's annual turnover of around 60 million British pounds.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher