K+N in 10-year logistics contract with Leonardo

Kuehne+Nagel,Acquisition

Leonardo has extended its logistic agreement with Kuehne + Nagel with a 10-year logistics contract. A new single-site logistics facility, optimising Leonardo’s Yeovil footprint, will see the creation of nearly 20,000 sq m of warehousing storage which, once completed in autumn 2023, will be leased by Leonardo Helicopters as part of a 35-year agreement.

The site will be operated under a new 10-year commercial contract with K+N, which will include a multi-million-pound investment in plant and equipment installation and transition. This contract signifies K+N’s desire to provide end-to-end innovative aerospace solutions.

Working in partnership with Leonardo, the plans have been designed with sustainability in mind, in line with the company’s Net Zero Carbon promise. It will incorporate elements such as rainwater harvesting tanks, thermally efficient materials and construction methods, and charging points for electric cars and temperature-controlled vehicles.

Nick Whitney, Managing Director of Leonardo Helicopters (UK) commented, “The main aim of the single-site logistics facility at Leonardo’s site in Yeovil is to consolidate all Yeovil-based warehousing. This state-of-the-art facility will streamline the site’s operational capability and customer service by having all logistical support in one place. It highlights further Leonardo’s long-term commitment to its Yeovil site through the strategic development of this high-tech logistics hub. It also demonstrates the importance of key industry partnerships through our crucial collaboration with Kuehne + Nagel.”

Source: Kuehne + Nagel