Sandycroft Based Delsol Invests £1m in New Depots
A Deeside transport company Delsol is investing £1m in its Sandycroft and Caernarfon depots as part of plans to increase its capacity and grow over the next five years.
The pallet and parcel delivery and collection business is acquiring 25,000 sq ft of land and buildings neighbouring its depot in Deeside to give it greater capacity for storage.
As part of the Deeside expansion, Delsol will also be renting out self-contained hi-tech office suites to start-up businesses.
The company, which operates a fleet of 70 vehicles, has received a loan from Barclays and is also investing its own cash. The new investment is set to create a number of office and driver roles in 2014.
Co-director Tony Parry (above) said:
“We are using the cash to buy 25,000 sq ft of land and buildings neighbouring our depot at Glendale Business Park in Deeside. The new land will double our site to 50,000 sq ft. The new buildings will be used to give us greater capacity for pallet and parcel storage.
“This is to cater to the rapidly increasing volumes we are processing and expect to process over the next five years. In addition we intend to build new warehousing facilities on the new land again for storage purposes. The investment will enable both our depots to handle more consignments, delivering an even better service for our customers.”
Gary Fletcher, Barclays relationship director, added: “Small and medium-sized businesses are the lifeblood of our economy and we have worked closely with Delsol to understand the complexity of their business and support their expansion plans.
Delsol was founded by Simon Walker and Tony Parry in 1999 in Bethesda. It posted a turnover of £6m in 2012.
additional reporting http://www.insidermedia.com/wales Spotted something? Got a story? Send a Facebook Message | A direct message on Twitter | Email: News@Deeside.com