Transport and logistics firm Transmec UK has become the third company in four months to sign a deal to locate to DP World’s port-centric logistics park at London Gateway.
The company will open a new 150,000sq ft distribution hub on the site in 2023. The deal sees the company also benefit from a range of incentives including zero stamp duty on leases, savings on employer national insurance contributions, accelerated capital allowances and a five-year business rates holiday.
Transmec UK’s move to London Gateway follows that of tax warehousing company London City Bond and the Oasis Group, which provides information management services to clients.
Imran Mohammed, manager of Transmec UK’s London branch, said: “London Gateway is a fantastic site that will provide Transmec with the warehousing capacity and infrastructure it needs to meet growing demand from customers across the UK and EU.
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“We take pride in delivering bespoke solutions for international supply chains and serve a wide range of sectors, including fashion, automotive and leisure. Our move will enable us to take things to an even higher level.”
Oliver Treneman, park development director at DP World in the UK, said: “Over the past ten years, DP World has invested £2bn in the UK to create the right trading infrastructure and smart logistics solutions, providing customers with fast, reliable and flexible links to international supply chains and markets.
“The Logistics Park’s proximity to both a deep-water port and London cuts transport costs between port and distribution centre, and between distribution centre and markets, providing businesses like Transmec UK optimal control over their supply chains.”
“At the size of 400 football pitches, London Gateway’s Logistics Park is the biggest of its kind in Europe and will become home to a workforce of around 10,000. We have the space, infrastructure and vision to support customers as they grow.”
DP World said it is currently constructing a second speculative unit in less than a year to meet growing demand at the freeport site.