Partner Article

Hethertons’ Business Support Unit acts for Monster UK premises acquisition

Monster Group UK, who was previously based at Stockton-on-the-Forest, has moved into its newly named Monster House in Sheriff Hutton in March this year.

The 19,000 sq ft development site that comprises of three units is five times larger than Monster’s previous premises, and has been purchased with a vision to increase turnover by 500% in the next five years.

Monster Group was founded by Rana Harvey after she began sourcing alternative mannequins to display clothes, having struggled to find what she wanted in the UK market. Her venture led to the launch of Monster Retail in 2007, with the business now also selling shop fixtures and fittings.

Following further developments over the last seven years, Monster Group UK now encompasses five divisions: Monster Retail; Monster Racking, which supplies warehouse, garage and van shelving; Monster Doodle, which provides graphic equipment to the signage industry under its own PixMax brand, and Monster Chef, which specialises in commercial and domestic kitchen equipment, including its own kuKoo brand.

Tom Henry, partner within Hethertons’ Solicitors Business Support Unit acted for Monster Group in the acquisition.

Ms Harvey said: “We have an exciting growth plan for the business and the increased capacity our new site offers is key to that.”

“We have concentrated on establishing a robust infrastructure for the business, which means it is now easily scalable.”

In addition to the domestic market, Monster Group UK exports particularly to mainland Europe through its Monster Racking brand, and is targeting growth in the US.

This was posted in Bdaily's Members' News section by Hethertons Solicitors .