Yorkshire advisors plays key role in family business new headquarters acquisition
hlw Keeble Hawson has assisted a family-run car parts distributor, which has branches in Barnsley and Sheffield, in acquiring a new head office and warehousing centre.
SDL Minorfern acquired a new 40,000 sq. ft. head office and warehousing facility centre at Clay Cross, Chesterfield, in a private sale funded by Yorkshire bank.
Headed by partner Alaric Birch, the property team at hlw Keeble Hawson acted for SDL Minorfern and Yorkshire Bank by arranging and managing the bank finance and overseeing the sale processes.
SDL Minorfern, an independent distributor of car and van replacement parts, employs 260 people and operates nine branches across Yorkshire, Derbyshire, Nottinghamshire and Staffordshire.
Nick Holland, managing director, said: “The purchase of our new headquarters marks a formative milestone and is instrumental in our growth targets and increasing efficiency.
“hlw Keeble Hawson was recommended to us as the ‘go to practice’ for a commercial conveyance of this size, and the service from Alaric and his team was impeccable. Both they and Yorkshire Bank worked effectively to ensure a smooth and timely completion.”
Alaric Birch added: “This major development – which entailed SDL Minorfern bringing two separate warehousing operations and management, accounts and procurement teams under one roof – paves the way for continued success for the business, which has established itself as a leading player in its field.”
Steve Wicks, Yorkshire Bank relationship manager, added: “SDL Minorfern is a family business, in a highly competitive market, that recognises the value of first-class customer service. Yorkshire Bank is pleased to support the firm’s latest expansion.”
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