Tesco deal to net Speedy £12m

SPEEDY Hire has announced a two-year deal with supermarket giant Tesco to be the sole supplier to contractors on all of its development sites in the UK and Ireland.

The two-year deal, which Speedy estimates will be worth £12m, will mean that all supply chain contractors working on Tesco’s new build, refurbishment and extension projects in the UK and Ireland until the end of 2012.

Vijay Vekria, buying manager for construction at Tesco, said: “We wanted a partner that understood and could support the different phases of our new build and maintenance programme by providing advice, the highest quality equipment and all on a national basis.

“Speedy was appointed because they met these needs with their impressive experience supporting major projects.”

Speedy Hire chief executive Steve Corcoran said: “Speedy’s experience supporting national agreements across multiple sites continues to be recognised by new clients like Tesco.

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