Wincanton's management knowledge and expertise will be integrated with Lane's existing infrastructure and transport network, providing enhanced capabilities and driving best practice.
According to Wincanton’s managing director of retail, Margin Taylor, the home delivery market was estimated to be worth £37.1 billion during 2005, with growth driven by the increase in internet shopping and multi-channel retailing.
However, he added that this sector is ripe for improvement as the demands on home delivery operations become increasingly complex and smaller companies find it difficult to respond.
Lane Group managing director Rebecca Jenkins said that, considering Wincanton's plans to expand further into the home delivery market, the acquisition has provided a natural business development.”