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Manufacturer expands with acquisition of warehouse

A MANUFACTURER of expanded polystyrene products has completed its search for a regional headquarters after purchasing a warehouse unit in Corby.

Sundolitt Ltd has acquired Centrix58, a newly constructed 58,586 sq ft unit at Centrix Business Park – the final development at the 39-acre business park.

Sundolitt Ltd is the UK business of the Sunde Group, a world leader in the manufacture of 100% recyclable expanded and extruded polystyrene products. Its products are important to many industries, being applied in thermal insulation for construction and structural blocks for civil engineering and protective and insulated packaging for propducts ranging from fish, food and pharmaceuticals to electronic goods and fragile components.

The company was originally looking along the Luton to Coventry M1 corridor for suitable new premises but, frustrated by a lack of available stock, switched its attention to East Northamptonshire. The Centrix unit was available originally on a leasehold basis but commercial property consultancy Kirkby Diamond, acting for Sundolitt, negotiated a deal with joint agents Burbage Realty and FHP on behalf of developers NFU Mutual and Clowes Developments for the sale of the freehold.

“It took time to find the perfect property for the business because of the well-documented shortage of industrial units right across the region,” said Eamon Kennedy, executive partner and head of agency at Kirkby Diamond. “We are delighted we have been able to complete the acquisition. It is a high-quality unit in an excellent location and fits Sundolitt’s requirements perfectly.”

The unit has four dock level doors, parking for 74 vehicles and four EV charging points. To reduce the environmental impact of its manufacturing processes, Sundolitt uses 100pc renewable electricity at all its UK factories.

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