Cheshire-based document shredding company Topwood has bought a three-acre site on Wrexham Industrial Estate to house a 60,000 sq ft storage facility as it plans an expansion into North Wales.
The site off Abenbury Way, a former food production and distribution facility was purchased by Topwood and the industrial units on the site will be fully upgraded to house the company’s shredding and recycling business, with the capacity for secure storage to house more than 250,000 archive boxes.
It will also provide logistics and pallet services at the site, which was on the market for £825,000 and was formerly used by food storage company Fenmarc. A 7,000 sq ft office space on the site will be used for scanning and imaging of documents.
The company is currently headquartered in Malpas, Cheshire, and the Wrexham site represents its first base within North Wales.
Other businesses based at the industrial estate include JCB, Kelloggs, and Ipsen.
Topwood was represented by DTM Legal on the deal, with Legat Owen and Beresford Adams as joint agents on the site.
Tom Gilruth, director of Topwood said: “This purchase reflects the growth we have seen over the last four years, and this site is a well linked base from which to grow our document shredding, media shredding and recycling business.
“Many of Topwood’s customers enquire if we offer pallet storage services for materials and packaging as well as finished product storage. When refurbished Topwood will be able to offer such logistics services.”