Milan, Italy, 11 October 2016 – Leroy Merlin, the market-leader in specialist home improvement and do-it-yourself products, and CEVA Logistics, one of the world’s leading supply chain companies, have announced a four-year agreement for the in-house warehouse management and distribution of Leroy Merlin products throughout Italy.
Leroy Merlin has selected CEVA to manage its new warehouse at Castel San Giovanni (PC) in northern Italy and to handle the distribution of its wide range products, from doors and lighting to synthetic grass. 150 employees will operate from the site to ensure the timely restocking of 48 stores across Italy as well as 20 others located in Greece, Cyprus and Romania. At 92,000 square meters, the warehouse is divided into two key areas: a dedicated cross-docking activities zone and an e-commerce fulfilment center. From the Castel San Giovanni warehouse, 25,000 journeys will be required annually to service the Leroy Merlin business and approximately 40% of them will utilize intermodal transport services (Rubber-Iron-Rubber) - designed to reduce emissions of particulates and CO2.
Says Michele Poli, CEVA's Head of Sales in Italy: "We are delighted to strengthen our presence in the retail sector through this prestigious appointment. Leroy Merlin is the flagship company of the ADEO Group and the undisputed leader in the DIY sector. To have been entrusted with their warehousing and distribution is a testament to our team's strong capabilities."
Adds Leroy Merlin's Director of Logistics Italy, Marco Lattuada: “We chose CEVA for its flexibility, operational excellence and competitiveness. Through the expertise CEVA has developed in the retail sector, Leroy Merlin can now draw concrete benefits for its business in terms of flexibility and reductions in time and logistics costs. I believe CEVA will simplify the process for us and provide efficient management, with the aim being to accelerate our growth path. This means we can guarantee high quality delivery of products and services to our end user customers and dealers. "
For more information:
Per maggiori informazioni:
Lucrezia Tassotti, Italy
T: +39 334 1304354
Cathy Howe, Pilot Marketing
T: +44 (0)208 941 5381
Noesis – Ufficio Stampa Leroy Merlin:
Asli Gulfidan – Tel. 02 83105124 email: firstname.lastname@example.org
Alessandra Coral – Tel. 02 83105148 email: email@example.com
Chiara Degradi – Tel. 02 83105195 email: firstname.lastname@example.org
CEVA - Making business flow
CEVA Logistics, one of the world’s leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 41,000 employees in more than 160 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com.
About Leroy Merlin
Leroy Merlin is a specialist home improvement and do-it-yourself company. It has been operational in Italy since 1996, and today operates 47 stores throughout Italy with a turnover of over 1 billion euro. It employs more than 6,000 individuals across its network. Leroy Merlin believes in choice for the individual and thinks its activities should create added value for citizens, employees and future generations, through its mission to improve their habitat.
SAFE HARBOR STATEMENT:
This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2016 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. Further information concerning the Company and its business, including factors that potentially could materially affect the Company’s financial results, is contained in the Company’s annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. Should one or more of these risks or uncertainties materialize or the consequences of such a development worsen, or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.