World's biggest truck loader crane distributor invests in new Warwick HQ

Published by

Nicky Godding

The UK distributor for the world's largest truck loader crane manufacturer is moving to new premises in Warwick.

Fassi UK is moving from the town's Heathcote Industrial Estate to buy its own headquarters at the £6 million development, known as T1300, off Plato Close in Tachbrook Park owned by property development and investment company AC Lloyd Commercial.

Plans are currently being drawn up for bespoke fit out of the 2,000 sq ft unit to create a mezzanine with offices and a warehouse and will be submitted to Warwick District Council.

The seven-strong staff are hoping to move in either at the end of 2020 or spring 2021 once the work has been completed providing planning permission is secured.

Leigh Carter, managing director of Fassi UK, said the company has grown steadily since being set-up in the UK in 1979.

He said: “We are an £18 million turnover business but we have been in the same rented unit for the last 25 years.

“Fassi manufacture and sell cranes in 60 countries and at our premises, we have our warehouse and our sales and after-care service is carried out by our national dealers throughout the UK.

“We have decided to invest in a building because we wanted a headquarters that would last for the future.

“These premises came available just around the corner and since our employees live locally, we didn’t want to move too far away.

“We’re almost finished with the architect’s drawings for our fit out and another attraction of moving to T1300 is that we will be one of the shareholders on the development which will mean we have a say in getting things done and having more control.”

Mark Edwards, managing director of AC Lloyd Commercial which is based nearby on Tachbrook Park, said he was delighted to welcome Fassi UK to the site.

He said: “We have attracted businesses from a variety of sectors including education, IT, gaming and software providers which is great."

Tom Bromwich, partner at commercial property specialist Bromwich Hardy who marketed the development, said: “The success of T1300 speaks for itself. Only one unit now remains available to purchase.

“Tachbrook Park is a proven location and, once again, our client AC Lloyd has delivered a much-needed, first-class development.”

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.