Thursday, March 13, 2014

News: KP Nuts acquire site for new Rotherham facility

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KP Snacks and Intersnack UK have acquired the 141,000 sq ft Hellaby 140 building in Rotherham for its new £16m state of the art nut processing and packing facility.

KP Nuts is celebrating its 60th year in Rotherham where its Eastwood factory produces around 140 million packs of nuts each year. In 1968 it became part of United Biscuits before it was sold to German-headquarted multinational group, Intersnack, in 2012.

In December, the combined group, the biggest nut processor in the UK, announced that it had put forward firm proposals to make the investment to build the new facility in Rotherham, which it is proposed will produce all of KP's nuts volume in the future. The company anticipates that, as well as maintaining the current 150-strong Rotherham team, this investment could also add an additional 80 roles over the next four years, driven by delivery of its growth plans.

The firm also announced that it is proposing to close its Haverhill production site.

Caddick Developments acquired the seven acre site, close to Junction 1 of the M18, off-market and secured planning permission for a new 141,750 sq ft warehouse in 2006.

The unit was forward sold to Royal London Investment Management and then built by Caddick Construction in 2007. The finished building comprises a high-bay warehouse with ancillary offices and, although a high quality property, it has remained vacant since it was completed.

The freehold of Hellaby 140 was sold by Knight Frank in November 2013. Royal London Investment Management confirmed that it has been sold to an owner occupier, KP Snacks.

KP began life in 1853 selling sugar, confectionery, jams and pickles. Production of KP Nuts began in Rotherham in the 1940's.

KP Snacks website

Images: Caddick Developments / KP Snacks

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