Plant-Ex signs for fourth unit at St. Modwen Park Avonmouth

Leading logistics developer St. Modwen Logistics, has let a 43,000 sq ft unit to ingredients production company Plant-Ex at St. Modwen Park Access 18 Avonmouth.

Earlier this year, Blackstone, which took over St. Modwen in 2021, announced that from this July, St. Modwen Logistics’ portfolio of assets will become part of Indurent, a new pure play UK logistics champion. The business will have more than 200 assets totalling 26 million sq ft of logistics space.

This latest letting will see the manufacturer occupy its fourth unit at the site, almost doubling its total footprint to 75,000 sq ft.

Plant-Ex will use the property to create a Centre of Excellence in product development and technical support, as well as increasing capacity in flavour compounding and savoury flavours. This allows for greater proactive customer interaction as Plant-Ex moves towards an increasingly consultative role with its existing and future customer base.

St. Modwen has been working with Plant-Ex since its formation in 2010, and supported its growth as a leading international, family-owned company specialising in the manufacture of natural colours, flavours and extracts used in food production. Co-founder Giles Drewett formed Plant-Ex in a 2,500 sq ft unit at St. Modwen Park Avonmouth, and has subsequently expanded at the park, employing more than 100 people across its business and generating annual revenues of approximately £25 million.

Giles said: "Our partnership with St. Modwen has been vital to our expansion over the past 14 years, with the provision of modern, high-specification warehouse space allowing us to grow our headcount and crucially bring our engineering, innovation and quality control teams together in one place. St. Modwen continues to listen to our requirements and consistently delivers above and beyond against those requirements as we grow."

Carys Allen, Senior Development Director at St. Modwen Logistics, added: "This latest letting highlights our well-established partnership with Plant-Ex and we are proud to have supported them from a small start-up to the successful international enterprise they are today. Throughout our partnership, we have listened to the needs of Giles and the team and look forward to continuing to deliver the space they need to facilitate their ongoing growth."