New companies and alliances in Ashfield and Mansfield

July 6, 2017 8:54 am

Invest Ashfield & Mansfield - The area for growth

One thing’s for sure: these days companies can’t afford to stand still.  In a constantly changing, competitive market, firms need to adapt, innovate and cooperate.  The resulting model can take many guises from business clubs to strategic alliances and even to mergers or takeovers.  Furthermore, new companies also appear, often to service new markets.  As a result, Ashfield and Mansfield regularly attracts new companies.  Indeed their moves are often motivated by our competitive cost advantage, flexible workforce and central location.

Fidler & Pepper and Hopkins Solicitors

Two leading local law firms, Fidler & Pepper and Hopkins recently announced a combined business deal.  This landmark cooperation agreement will be a catalyst to help both firms to accomplish their future growth plans. As part of the deal,  some of Fidler & Pepper’s cases were transferred to Hopkins.

Fidler & Pepper Solicitors are currently located in both Sutton and Mansfield.  This deal will allow them a platform to focus their future as a Private Client and Conveyancing practice specialising in Conveyancing, Wills, Probate, Power of Attorney and Trusts.  The firm will be retaining both its offices with the expectation that its legal team of experts will grow.

Equally, Hopkins Solicitors has offices in both Mansfield and Nottingham.  This deal gives them the opportunity to take on Fidler & Pepper’s existing Family, Litigation and Business work.  As a result of this expansion, they will open a new Hopkins Solicitors office in Sutton-in-Ashfield.  In addition, some of Fidler & Pepper’s staff will join the Hopkins team.

Fidler & Pepper comment

Mark Slade is Fidler & Pepper’s Managing Partner.  Mark commented: “This change provides us with an opportunity to focus on business areas to shape and grow.  We have been working hard to develop strong relationships in the Conveyancing and Private Client sectors.  And we intend to continue investing in these relationships, ensuring the firm’s continued growth and success.”

“We are already well known as innovators with our award-winning IT systems.  Moreover, we are very excited about continuing to use and develop our technology to make us even more efficient.  We intend to become a market leader in Conveyancing and Private Client work.  Furthermore we would like to develop into an employer of choice in Ashfield and Mansfield.”

Hopkins comment

Martyn Knox is Hopkins’ Managing Partner.  Martyn said: “We look forward to growing our firm by acquiring some of Fidler & Pepper’s existing work.  And also to really getting to know our new clients in the Sutton-in-Ashfield area.”

“We are very proud of our long-standing 100 year history, which allows us to support our local personal and business communities with their legal matters.  We believe our local expertise and honest commitment to high standards is what sets us apart.  Not only does it allow us to provide a personal approach to legal services but also to truly make a difference, improving people’s lives.  This deal will help us secure business in north Nottinghamshire.  It provides Business Legal Services with an opportunity to expand into Sutton’s extensively growing business sector.”

Mercury Packaging

Mercury Packaging of Kirkby-in-Ashfield has merged with CPS Flexible of Leicester.  This has resulted in a new flexible packaging company with a combined turnover of around £16m.  The strategic move is designed to increase capacity and boost production efficiencies, forecasting growth of 25% over a three-year period.

Founded in 1999, Mercury Packaging provides high quality flexible packaging solutions to the food, security, publishing, retail and mailing industries.  CPS Flexible is a manufacturer of plain and printed flexible packaging materials.  The newly-formed BRC (British Retail Consortium) accredited business will operate under holding company: Quicksilver.  At the same time, it will retain the Mercury Packaging and CPS Flexible brand names.

Primarily targeting the food, publishing, retail and security markets, it will run from the company’s existing production facilities.  CPS Flexible has extensive extrusion capability for the production of both polythene (PE) and polypropylene (PP) films.  This effectively complements their print and bag-making functions.  Mercury Packaging specialises in printing, conversion and lamination competencies.  In addition, despite both companies operating within the food and publishing markets, there are very few common customers.

Tony Stanger is the new group’s Chairman.  Tony said: “The individual businesses have been very successful and achieved sustainable levels of profit.  However, capacity was starting to become an issue and a potential obstacle to future growth.  It became evident very quickly that there were several areas of synergy between the two companies.”

LEW

LEW Electrical Distributors has expanded its network of branches, signing up to a 4,000 sq ft warehouse at Old Mill Lane, Mansfield.  The electrical wholesaler’s new premises is one of 21 speculatively built units developed by property development and investment group Strawsons Property.

This latest property acquisition sees LEW Electrical Distributors add to its existing nine-strong branches with sites strategically positioned across north England.  LEW has signed a 5 year-lease-deal on the property.

Old Mill Lane

Old Mill Lane is located close to Mansfield, Nottingham, Worksop and Newark, with easy access to both the M1 and the A1.  A spokesperson for the company said that, as a result, the site presented the ideal solution once it had identified Mansfield in its expansion plans.  Other occupiers in the immediate vicinity include Royal Mail, Volvo and FCC Wholesale.

Andy Johnson is Managing Director at LEW.  Andy said: “Old Mill Lane is centrally located with excellent access to major transport routes and some of the region’s major towns and cities, making it an excellent option for us during this time of rapid growth and expansion.”

Stuart Waite is a Partner at CPP who secured the deal.  Stuart added: “It’s taken less than 12 months to secure 17 tenants on this speculative development of 21 units.  This is truly testament to the excellent location of Old Mill Lane and the accessibility it offers to many tenants spanning a whole host of sectors.  The take-up demonstrates the strong demand which this scheme has helped to satisfy.  Of course, this endorses Strawsons Property’s decision to press ahead and speculatively develop these new units.”

Adam Jones works for Strawsons Property.  Adam commented: “Our investment in this project may have been seen as a leap of faith 18 months ago when we started construction.  However, demand at Old Mill Lane has been really strong.

“We are really pleased to welcome LEW to Old Mill Lane and the many other business attracted to the development. We now look forward to securing planning for many other exciting developments in and around Old Mill Lane over the next 12 months.”

Mansfield BID

Mansfield BID is a partnership between the local authority and business community.  This partnership develops and takes forward projects and services to benefit the trading environment.  Recently a new board has been appointed following a ballot of registered levy payers.

Like BIDs across the UK, Mansfield BID has a board, with members representing different sectors of businesses within the BID area.  The new board comprises representatives from large chain retailers, shopping centres, independent retailers, leisure providers, the financial and professional sector, the independent café sector and local landlords/property owners.  In addition, the Executive Mayor of Mansfield District Council and Nottinghamshire County Council automatically get a seat.

 

BID Manager Sarah Nelson said: “The BID has achieved a lot over the past year, so the AGM was a good opportunity to review progress and to plan the year ahead with the new board.”

Looking for something new?

We understand that your business may be changing its focus, needing more space or even downsizing.  As a result, you’ll need to review your accommodation requirements.  The good news is that we’re here to help.  We can offer a totally FREE and confidential commercial property search across Ashfield and Mansfield.  We’re here to take most of the hassle out of this process, providing you with a tailored search of all properties suitable for your business.  Equally, you can perform your own online commercial property search or contact us and we’ll do it for you.  In addition, you might also be able to access our range of business grants, find out more here.

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