Monday, August 19, 2013

News: RediGroup rack up sales in strong first half

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RediGroup, the Rotherham-based pallet racking and mezzanine floor manufacturer, has experienced strong growth over the first two quarters of the current financial year with order intake up 26 per cent on the same period last year.

The Kilnhurst group includes RediRack, the creators and market leaders in adjustable, bolt free pallet racking, and RediFloor who specialise in the manufacture, supply and installation of mezzanines and structural floors. It also includes RediBuild, RediFit and RediTechniX.

Direct sales of the group's RediRack pallet racking and RediFloor mezzanine floor structures leapt by a massive 214 per cent, while sales through the company's UK-wide distributor network are also up on last year with growth of 75 per cent recorded.

Ray Phelan, sales director at RediGroup, said: "What is particularly pleasing is the strong growth that we are experiencing has been consistent since January and is coming from the core business of pallet racking and mezzanine floors.

"We have invested heavily in our factory and infrastructure over this period and our growth reflects our increased competitiveness and a growing awareness in the market of the strength and unique advantages that RediRack pallet racking and RediFloor mezzanines offer."

The intralogistics experts have an 100,000 sq ft manufacturing plant and over 70 employees. Established in 1973, they underwent a management buy out from its former owners, the Norwegian based multinational Dexion Group Limited, in 2004.

The group is investing £4m over the next five years including an "Automated Warehouse Innovation Centre" after finalising £1m from the government's Regional Growth Fund (RGF).

2014 will see RediRack celebrate 40 years of continuous UK manufacturing in Mexborough.

RediGroup website

Images: RediGroup

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