goinggreek.info
The Agora => Brexit => Topic started by: Maik on Tuesday, 07 March, 2023 @ 23:41:43
-
British operator ‘extremely disappointed’ as French rival wins HMRC post-Brexit border contract
A French company has won the contract for post-Brexit border checks, in a blow to hopes that domestic businesses would be prioritised in public procurement.
The outsourcer Sodexo has been selected in favour of London-listed Wincanton to run Inland Border Facilities by HM Revenue & Customs, The Telegraph can reveal.
Wincanton, the warehouse operator and haulier, told investors it was “extremely disappointed” at the decision. Its shares fell by nearly a quarter, wiping more than £100m from the company’s stock market valuation. It was reported that the original Inland Border Facilities contract was worth £71m to Wincanton.
The decision echoes the award of the post-Brexit contract to make UK passports to the Franco-Dutch company Gemalto in 2018. The previous holder of the contract, London-listed De La Rue, suffered a heavy blow to its share price from which it has never recovered.
https://www.telegraph.co.uk/business/2023/03/07/british-operator-extremely-disappointed-french-rival-wins-hmrc/