Print

CEVA wins spare parts distribution contract with BMW UK

21 October 2009 - 15:40 CET

Ashby De La Zouch, UK, 21 October 2009 - CEVA Logistics, a leading global supply chain management company has been awarded a contract with BMW UK to manage the delivery of spare parts to approximately 200 BMW and MINI dealerships across the UK and Northern Ireland.

CEVA will provide a transport solution using a specialist collaborative delivery service, specific to the requirements of moving automotive parts overnight. By leveraging transport synergies this collaborative delivery network provides a service typical of a dedicated operation but at a significantly lower cost.

At the heart of the service is CEVA's C-CAM IT track and trace system which monitors all transactions and movement of assets, including all returns and reverse logistics.

Martin Douglas, National Parts Manager, BMW (UK) Ltd said: "BMW and CEVA already work together in many markets around the world. Their high level of expertise in the automotive sector makes them the clear choice for our UK parts distribution. We are sure that CEVA's passion for excellence and commitment to their customers will drive forward a strong partnership."

David Jackman, Automotive Business Sector Director, CEVA in UK & Ireland said: "We are delighted that BMW has taken the decision to award CEVA this business. This will expand the work we already do with BMW in Australia, Brazil, China, Poland and the USA. We look forward to delivering a top class service for BMW's UK customers through this automotive shared user solution."

For more information contact:

CEVA Press Office
T: +44(0)20 7413 3070
cevateam@hillandknowlton.com  

CEVA Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight forwarding to large and medium-sized national and multinational companies. CEVA employs 56,000 people and runs an extensive global network with facilities in over 100 countries. Following the acquisition of EGL in August 2007, the new combined company had pro forma sales of € 6.3 billion. For more information, please visit www.cevalogistics.com.  

SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, CEVA's substantial leverage, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA's most recent annual and quarterly reports. 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. 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.