Around Noon clocks into new headquarters at Slough Trading Estate
SEGRO has agreed a fifteen-year lease with Around Noon, the fast-growing food-to-go manufacturer, for a new 27,000 sq ft warehouse, doubling its presence at Slough Trading Estate
The move will enable Around Noon to grow its business and increase its total headcount to more than 1,000 people across the group. Of this 1,000, 300 employees will be based in Slough, with 200 new jobs being created as part of the expansion.
The company manufactures items such as sandwiches, salads, wraps and fruit pots for leading supermarkets, airlines, coffee chains and caterers. The new factory will allow the company to increase its annual manufacturing capacity in Slough alone by circa £50 million.
The new facility has undergone a major renovation in line with the developer’s ‘Responsible SEGRO’ commitment to champion low-carbon growth. Sustainability features include an EPC rating of A+; photovoltaic panels installed on the roof providing electricity to the premises with any excess back into the network grid; new energy efficient LED light fittings throughout; a heating and comfort colling system; mechanical ventilation and water reducing products in the WCs; shower facilities to encourage more employees to cycle to work; and electric vehicle charging points. The unit also has SMART meters installed throughout to help the customer improve operational efficiency and enhance the working environment.
Gareth Chambers, CEO at Around Noon, said:
“We have grown our run rate at Around Noon in Slough from £4million per annum in 2018 to around £30m per annum today.
“We now manufacture over 400,000 products per week at the existing Slough factory and we are really pleased to have secured additional premises at Slough Trading Estate to support our ongoing growth.”
James Craddock, Managing Director UK, at SEGRO, said:
“This is a wonderful example of how the quality and management of our workspace combined with our flexibility and understanding of our customers’ property needs has enabled us to retain and grow our diverse customer base on the Slough Trading Estate.
“Around Noon is a strong, growing business and we’re very pleased to have been able to accommodate them in this this upgraded facility and enable their business growth, particularly at a time when the vacancy rate at Slough Trading Estate remains very low at 2.7%.”
Around Noon Group was founded in Newry, Northern Ireland over 30 years ago and is today one of the leading FTG manufacturers in the UK. It produces an extensive range of chilled, hot, frozen and bakery products from five manufacturing sites across the UK and Ireland. It has facilities in Newry, Slough and North London and employs over 800 people.
Located just twenty-five miles from London, Slough Trading Estate is home to a wider range of different sized companies across multiple sectors, including Mars, Ferrari, DHL, Lanes Group and UCB.
SEGRO is a UK Real Estate Investment Trust (REIT), listed on the London Stock Exchange and Euronext Paris, and is a leading owner, manager and developer of modern warehouses and industrial property. It owns or manages 9.9 million square metres of space (106 million square feet) valued at £20.9 billion serving customers from a wide range of industry sectors. Its properties are located in and around major cities and at key transportation hubs in the UK and in seven other European countries.
For over 100 years SEGRO has been creating the space that enables extraordinary things to happen. From modern big box warehouses, used primarily for regional, national and international distribution hubs, to urban warehousing located close to major population centres and business districts, it provides high-quality assets that allow its customers to thrive.
A commitment to be a force for societal and environmental good is integral to SEGRO’s purpose and strategy. Its Responsible SEGRO framework focuses on three long-term priorities where the company believes it can make the greatest impact: Championing Low-Carbon Growth, Investing in Local Communities and Environments and Nurturing Talent.
Striving for the highest standards of innovation, sustainable business practices and enabling economic and societal prosperity underpins SEGRO’s ambition to be the best property company.
See www.SEGRO.com for further information.