Yorkshire furniture company to create new jobs following premises acquisition

A Yorkshire headquartered supplier of flat packed furniture and home furnishings has acquired new distribution premises, which will create up to 50 new local jobs.

Lassic Group has acquired the 175,000 sq ft distribution facility in Cleckheaton to drive business expansion in both the UK and Europe.

The family-owned business has existing UK distribution facilities in both Bradford and Brighouse, as well as staff and manufacturing bases in the Far East and South America. The company sources, imports and distributes a vast range of household products and furniture to both national and independent retailers throughout the UK and Europe.

Suresh and Raj Handa of Lassic Group said: “We are absolutely thrilled with our new freehold purchase. The highly sought-after site boasts 175,000 sq ft of warehouse capacity and now gives Lassic Group access to three warehouses with over 400,000 sq ft of total warehouse space. This will allow us to add more products to our portfolio, which allows our business to expand and grow to the next level to become one of leading furniture suppliers in both the UK and EU.

“The transaction will create up to 50 new jobs for the area taking our total head count to around 150 members of staff. GV were instrumental in advising on this transaction, whilst Schofield Sweeney provided fantastic legal advice and guidance throughout. Also, thanks to the teams at HSBC, Dhillon Accountants and all the Lassic Group staff for all their help and support.”

Lassic Group was represented by property consultancy Gent Visick (GV), as well as Schofield Sweeney, which provided legal advice. The premises were marketed by Michael Steel & Co.

Paul Mack, director at GV, commented: “The Westex Building provided a very rare opportunity to acquire the freehold interest in a large-scale distribution facility just off the M62 motorway.”

Pardeep Khela, associate at Schofield Sweeney, added: “I am thrilled to get this deal over the line and achieve a great result for the Lassic Group. The site itself is quite complex and involved calling upon our property, banking and environmental expertise to ensure a swift completion.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →