Bank helps ambitious haulier move to new HQ
Container haulier Elite Transport Services Ltd has relocated its head office operations to a new purpose-built site in Trafford Park as part of a strategic plan to break the £50m turnover barrier.
- (1888PressRelease) August 19, 2011 - Elite's new head office is a seven acre site on Barton Dock Road which includes office accommodation for 48 staff and truck facilities for a fleet of more than 100 vehicles. The site is less than a mile from Elite's old base in Trafford Park.
The move to a larger HQ is part of the ambitious company's plan to grow its turnover from £34m to £60m within the next three years. Earlier this year Elite completed the strategic acquisition of the container division of Matthews International Transport, a purchase that included 50 trucks and trailers and strengthened the company's presence in East Anglia.
Established in 1989, Elite owns and operates eight depots based at Manchester, Leeds, Birmingham, Southampton, Felixstowe, Bristol, Thamesport and Great Yarmouth. Nationally Elite employs 215 staff and operates a fleet of more than 400 vehicles.
Andy Frost, Elite's Managing Director said: "The move to a new head office is part of the company's plan become one of the top three container hauliers in the UK. The new site is ideally located as it is less than a mile from our previous base. It also has ample space which was an important factor for us as we look to expand our business."
Alex Bodie from Lombard and Angela Moretta from NatWest commercial banking provided Elite with a £340k funding package to help meet the costs associated with the move.
Angela Moretta, NatWest Relationship Director, said: "Elite is an ambitious business with plan to become a national leader in this sector. We have a long relationship with the company and are delighted to help them move to a new head office."
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