Willmotts expands to Midsomer Norton
A Somerset-based haulage and warehouse company has secured a multimillion-pound funding boost from NatWest to purchase a 125,000 sq ft premises in Midsomer Norton.
Willmotts Transport, which was founded in 1918 and now has more than 100 vehicles in its fleet, provides supply storage and distribution services to a variety of blue-chip companies.
The new site brings its total warehouse capacity to more than 400,000 sq ft, as the business looks to capitalise on the strong demand within the supply chain.
Willmotts has achieved consistent year-on-year growth and now employs more than 150 members of staff. It continued operating during the Covid-19 lockdown and is emerging from the pandemic in a strong position.
Managing director Andy Stott said: "This acquisition comes at a period of strong growth for us. We were fortunate in that we could continue operating during the various Covid-19 lockdowns and we saw strong demand from our customers within the supply chain.
"This funding from NatWest has allowed us to capitalise on that demand, almost doubling our capacity with this new premises."
The deal was managed by NatWest relationship director Michael Mills and Ian Hussey, relationship manager at RBS Invoice Finance.
Mills added: "We've supported Willmotts Transport for many years, and it’s been great to see them continue to find new avenues for growth.
"This new premises gives them scope to continue to build on the success they've seen, while also consolidating the number of leased satellite sites they have across their portfolio.