Wincanton Signs Partnership With Legendary Investments' Virtualstock

LONDON (Alliance News) - Legendary Investments PLC said on Tuesday that investee company and ...

Alliance News 23 January, 2018 | 1:16PM
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LONDON (Alliance News) - Legendary Investments PLC said on Tuesday that investee company and digital supply chain Virtualstock has signed a strategic partnership with UK logistics company Wincanton PLC.

Under the partnership's terms, Virtualstock will combine its The Edge platform with Wincanton's recently announced eFulfilment service, to offer a service that can expand the portfolio of retailers, without the need to carry additional stock.

"We are delighted at the progress that Virtualstock continues to make. The partnership with Wincanton demonstrates the wide applicability of Virtualstock' services, and in one step provides a "shop window" for Virtualstock services to Wincanton's customers. As well as servicing the retail sector and the health sector, this latest partnership with Wincanton, the largest British logistics company, demonstrates Virtualstock services wide applicability," said Executive Chairman Zafar Karim.

Shares in Legendary Investments were up 4.6% at 0.136 pence, while Wincanton shares were up 0.2% at 215.00 pence on Wednesday.

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2018 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article
Security Name Price Change (%) Morningstar
Rating
Legendary Investments PLC 0.10 GBX 0.00 -
Wincanton PLC 269.50 GBX -1.10 -
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