Member Article

Chorley haulage firm acquire new premises in multi-million pound deal

A Chorley-based haulage and logistics business is on the road to further growth and job creation after acquiring new commercial premises in a multi-million pound deal.

FDC Holdings, which specialises in palletised distribution, storage and fulfilment for some of the UK’s largest brands, has acquired Unit 330 at Walton Summit Centre, near Preston, for an undisclosed seven-figure sum.

The deal means that the company can go ahead with its plans to create 20 new jobs.

FDC has doubled turnover to £6 million and doubled staff numbers to 40 in the last two years.

The company, founded by Peter and his brother Stephen in 1997, serves customers in a variety of sectors including manufacturing, retail, and food and drink.

Peter and Stephen have acquired Unit 330 through their property company Moorcot Property Ltd and were advised on the purchase by the commercial property team at Harrison Drury solicitors.

Managing director of FDC, Peter Allen, said: “We have doubled our turnover and staff numbers in the last two years by making significant investment in the business and reaping the reward of that investment with new contract wins.

“We’re planning to create another 20 jobs in the next three to six months.

“This purchase gives us a great opportunity to grow our business and the extra capacity to service new customers.

“The sheer size of the property means we are also able to offer space to other businesses, creating a thriving local hub.”

Head of the property team at Harrison Drury, Owen McKenna, said: “It is good to see such a large and important commercial property getting back up to full employment.

“Peter and Stephen have exciting plans to expand the FDC business and this building will give it the space it needs to meet its growth objectives, creating new jobs in the process.”

This was posted in Bdaily's Members' News section by Sophia Taha .