The Green Group has completed what it views as a breakthrough deal after securing collapsed Seafield Logistics’ Worksop site, a move that saves 70 jobs and transforms its warehousing capability.
Seafield Logistics collapsed last month and Abbey Logistics and Lomas Distribution secured much of its bulk powder distribution operations and Winsford warehousing business, respectively.
Maltby, South Yorkshire-based Green Group has now secured the lease on Seafield’s 250,000ft² warehouse, which is located some eight miles away from its headquarters.
The firm, which runs 75 vehicles, predominantly artics, and had a turnover of £10m before the deal, is extending its O-licence and reorganising its operations.
James Criddle, chairman of the Green Group, said: “We first became aware of the opportunity when one of Seafield’s customers approached us about providing a continuation service.
“We had been looking to acquire more warehousing space for the past 12 to 18 months, but warehousing is at a premium, with a lot of the biggest companies out there snapping up what’s available.”
Green Group had just 10,000ft² of warehousing space at its base before the deal, and Criddle predicted the deal would be the catalyst for the business to enter into a new period of growth.
“We want to be able to provide a one-stop shop for customers and with this addition we can now offer big fleet, warehousing and pallet capabilities,” said Criddle.
Green Group was founded in 2010 by former Innovate Logistics MD Peter Osborne. Osborne was chairman at the operator up until the Worksop deal with Criddle MD, but
the two have now swapped roles.
The firm counts the likes of Wilkinson and Ronseal as customers and also works for a specialist lift manufacturer.
Earlier this year Green Group moved from UK Pallets to the Pall-Ex pallet network.
