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EXEL RECEIVES $25 MILLION LOGICOM CONTRACT

EXEL RECEIVES $25 MILLION LOGICOM CONTRACT

   Exel, a London-based provider of supply chain management solutions, has been awarded a three-year contract by LOGICOM, a European provider of spares inventory and supply chain management services.

   Exel will provide LOGICOM with a distribution network in the United Kingdom, as well as 22 new stockholding locations.

   The contract is worth 12 million pounds ($25 million).