Logistics firm Owens Group is continuing to expand its warehousing footprint after the company was awarded a "significant" contract expansion.

The llanelli-based haulier has signed a five-year lease for a for a 60,589 sq ft industrial warehouse at Aberaman Park Industrial Estate in South Wales.

Owens Group, which was launched by brothers Huw and Eurof Owens in 1972, with one van, now operates more than 1,000 vehicles and runs its operations across more than 2.5 million sq ft of warehousing throughout the UK.

Ian Owen, managing director at Owens Group, said: "This is another significant milestone in our growth trajectory and follows the recent acquisition of a 160,000 sq ft warehouse at Wales One in Magor, Monmouthshire, and a 95,000 sq ft new site in Cardiff Port.

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"Our expansion to C1 Trade Park forms part of our commitment to deliver a first-class service for our clients, as well as creating new jobs to help drive investment in the South Wales community. The region is key to us, and the place where Owens Group began 50 years ago with just one van."

Chris Yates, partner in Cushman & Wakefield's UK Logistics & Industrial team, which helped seal the deal, added: "We are pleased to support the continued growth of Owens Group in the South Wales region.

"This is the second deal that we have successfully completed with them in the past year. We're confident that this facility, with its easily accessible location and attractive specification, including a sizeable secure yard and dock loading capabilities, will further enhance Owens' ability to efficiently store for their client."