January 2023

New Premises Secured for Altecnic Limited – Caleffi Group

New Premises Secured for Altecnic Limited – Caleffi Group

Hawksmoor, as retained agent for Altecnic Limited were pleased to successfully project manage the acquisition of additional warehouse and distribution premises off junction 14 of the M6. The property comprised the Triton warehouse and offices extending to 115,185 sqft at Redhill Business Park, Stafford, ST16 1WQ.

The identification process in the search for new premises involved the careful assessment of vacant land, employment land site allocations, sites with and without planning permission, new build developments, existing properties, and their associated delivery timescales.

Having secured main board approvals from Italy and Jersey, contracts have been efficiently simultaneously exchanged and legally completed.

Following a period of sustained growth for Altecnic, the new property adds further warehouse and office space and represents a significant investment in Altecnic. This investment will allow Altecnic to further expand its stockholding, scale assembly operations, and develop a dedicated training centre.

Gary Perry, Managing Director at Altecnic, said: “The significant investment by our parent company in these new facilities is testament to Caleffi’s long term commitment to growing its UK footprint and supporting our loyal customer base. Being able to acquire such premises in Stafford means our experienced team will continue to deliver industry leading service for our customers every day. We have big plans for the new premises to not only improve the capability of our operations, but as an opportunity to further increase our sustainability. We also look forward to continuing to offer our employees a great environment in which to work. All of which will benefit our customers for years to come. We look forward to welcoming customers and employees to the facility following its refit later in 2023.”

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