Acquisition of a new site in Zaragoza, Spain

We are set to make a significant foray into the European market with the acquisition of a new site in Zaragoza, Spain. The 156,000 sq ft facility in Bisimbre marks our first European venture, strategically chosen to cater to existing clients with established distribution networks. Operational by September, the move aims to create up to 80 jobs within the initial 18 months.

Adam Pye, Managing Director, expressed enthusiasm for this historic step, emphasizing the overwhelming positive feedback from clients. The expansion is not only a pivotal move for us but is also a testament to our ethos and dedicated team.

To mitigate rising shipping costs from the UK to Europe, we plan additional spaces in neighboring European countries and envision the launch of a new European bidding website.

Toby Moore, tasked with overseeing the Zaragoza site, shared his excitement about the venture, highlighting the meticulous preparation undertaken for the operation. The move aligns with our growth trajectory, boasting a substantial 29.8% revenue increase since November.

As a key player serving UK banks, finance houses, government authorities, and retail giants, the European expansion adds a new chapter to our 50-year legacy.