News
22 April 2010
Beswicks advise on acquisition of European Manufacturing Hub
Hayley Kennedy, Partner at Beswicks Solicitors has recently advised International Piping Products (IPP Group) on the acquisition of a 35,278 sq ft light industrial unit at Centre 38 Barton Under Needwood for £1.75 million. This will become the European hub for the global manufacturing company.
Jared Ayres, group managing director of IPP, explains why a first class location is key to the ongoing growth of the business.
Jared said: "IPP has built its reputation on being able to manufacture approved quality products within short delivery timescales, and when we were looking to relocate from our previous premises it was incredibly important to select a European base that was well connected to the national and international communications network.”
“Bringing both the Staffordshire and Derby operations under one roof enables us to improve synergy and communications across the business and to ultimately improve customer efficiency. IPP has a presence as far afield as the USA and Singapore, and the European facility plays a part in the overall growth strategy of the parent company”.
Hayley Kennedy commented “The economic downturn has seen many businesses across the UK put investment decisions on hold, so its great to see clients proceeding to invest on this scale in Staffordshire”.
For further information on commercial property matters call Hayley Kennedy on 01782 205 000.
Back to news list