NFT is to venture south with the opening of a major warehouse as it eyes a larger slice of the £34bn of food imports to the UK. It hopes the move will help increase its annual turnover from £170m to £250m within four years. Speaking to MT after private equity firm EmergeVest replaced backer Phoenix Partners in a £60m deal, NFT CEO David Frankish said the first chapter of a longer story was complete, with NFT now pursuing several opportunities. […]
Howard Tenens is increasing its number of depots as well as expanding existing ones since winning new business this year.
Kitchenware retailer Lakeland is to spend £10m expanding its DC in Cumbria by 50% to provide additional capacity to match expected sales growth in the UK and abroad. The company celebrated record sales in 2012 and is looking to add to its 60-strong high street presence in the UK in the coming years, as well as opening shops abroad. With e-commerce sales averaging double digit growth year-on-year at present, it has decided to sign off on a project to expand […]
Redhead International has officially opened its new depot in Northern Ireland’s Mallusk. The opening ceremony on 27 July was performed by Northern Ireland’s executive minister for regional development, Danny Kennedy. The new 33,000ft² facility features a 20-tonne overhead crane for heavy lifting, as well as office space. Redhead international’s director of Ireland and Scotland Mark Cosgrove says: “While we have had this type of capability in Great Britain and Dublin for many years, the new Mallusk depot will allow us […]