European Supply Agreements
July 14 2004 - 2:04AM
UK Regulatory
RNS Number:8135A
Brammer PLC
14 July 2004
FOR IMMEDIATE RELEASE 14 July 2004
BRAMMER SIGNS TWO
3-YEAR EUROPEAN SUPPLY AGREEMENTS
Brammer plc, the European services group, today announced the signing of two
3-year European maintenance, repair and operations ("MRO") service agreements
with GKN and the Jefferson Smurfit Group.
The scope of product supply to both customers will initially include Bearings,
Linear Motion, MPT, Seals, Pneumatics, Hydraulics, Greases, Adhesives, Gearboxes
and Electric Motors.
The agreements cover over 180 plants in some nine countries including key
production centres in France, Germany, Spain and the UK.
In each case Brammer will bring to its customers the benefits of inventory
reduction, volume led price improvements and indirect savings on the management
and administration of inventory.
Ian Fraser, chief executive of Brammer, said:
"With a combined sales potential of over Euro11m, these two agreements open up
tremendous new sales opportunities for Brammer across all our European
businesses. They represent an important step forward in Brammer's strategy to
build the leading pan-European single source MRO service to Europe's leading
manufacturers."
Enquiries: Brammer plc 0161 928 3363
David Dunn, chairman
Ian Fraser, chief executive
Paul Thwaite, finance director
Issued: Citigate Dewe Rogerson Ltd 020 7638 9571
Martin Jackson
Anthony Kennaway
This information is provided by RNS
The company news service from the London Stock Exchange
END
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