News: Sverdrup Steel to set up in Rotherham
Norwegian steel stockholders, Sverdrup Steel is taking commercial space in Rotherham to establish its first overseas operation.
The worldwide supplier has taken a 10 year lease on a unit JF Finnegan's flagship Beighton Link Business Park in Rotherham.
Earlier this year Sverdrup Hanssen Spesialstål celebrated their twenty-year anniversary and announced the new name for the company, Sverdrup Steel.
With headquarters at the heart of the oil and gas industry in Stavanger, they specialise in stainless-steel alloys incorporating round bars, sheets and plates in high-nickel content, corrosion and heat-resistant alloys.
Torstein Erevik, chief executive of Sverdrup Steel, said: "We were looking to establish our first venture outside Norway and having decided upon the UK, began looking into areas which were well connected to the rest of the country and then properties which matched our requirements.
"Beighton Link is a prestige business park and the quality of the unit was ideal. We are excited about expanding our operations into South Yorkshire."
The UK operation will be headed up by John Murray and Bronya Christie, formerly of Energy Alloys, the American-owned stockholder that also has its UK head office and facility in Rotherham.
The first phase of the established Beighton Link development is now fully let with Orchid's state-of-the-art medical prototyping facility and other occupiers, Cadac, Techtrain, Ideal Envelopes, Viaturn and SP Smith Painting Contractors.
A Cloverleaf pub and restaurant is also planned for the site.
Nick Gillott, director of JF Finnegan, said: "Beighton Link has always been an exciting development to be involved with. To have international companies like Cadac and Orchid already on board, who are worldwide leaders in their field and then to be welcoming another global operator, Sverdrup Steel is a major coup for the scheme and completes our tenant mix.
"Our plans for the remaining three acres at Beighton Link include more of the same, but with potential retail and leisure opportunities as well."
JF Finnegan was represented by the Sheffield offices of CBRE and Crossland Otter Hunt in the deal and Sverdrup Steel represented itself.
Sverdrup Steel website
JF Finnegan website
Images: JF Finnegan
The worldwide supplier has taken a 10 year lease on a unit JF Finnegan's flagship Beighton Link Business Park in Rotherham.
Earlier this year Sverdrup Hanssen Spesialstål celebrated their twenty-year anniversary and announced the new name for the company, Sverdrup Steel.
With headquarters at the heart of the oil and gas industry in Stavanger, they specialise in stainless-steel alloys incorporating round bars, sheets and plates in high-nickel content, corrosion and heat-resistant alloys.
Torstein Erevik, chief executive of Sverdrup Steel, said: "We were looking to establish our first venture outside Norway and having decided upon the UK, began looking into areas which were well connected to the rest of the country and then properties which matched our requirements.
"Beighton Link is a prestige business park and the quality of the unit was ideal. We are excited about expanding our operations into South Yorkshire."
The UK operation will be headed up by John Murray and Bronya Christie, formerly of Energy Alloys, the American-owned stockholder that also has its UK head office and facility in Rotherham.
The first phase of the established Beighton Link development is now fully let with Orchid's state-of-the-art medical prototyping facility and other occupiers, Cadac, Techtrain, Ideal Envelopes, Viaturn and SP Smith Painting Contractors.
A Cloverleaf pub and restaurant is also planned for the site.
Nick Gillott, director of JF Finnegan, said: "Beighton Link has always been an exciting development to be involved with. To have international companies like Cadac and Orchid already on board, who are worldwide leaders in their field and then to be welcoming another global operator, Sverdrup Steel is a major coup for the scheme and completes our tenant mix.
"Our plans for the remaining three acres at Beighton Link include more of the same, but with potential retail and leisure opportunities as well."
JF Finnegan was represented by the Sheffield offices of CBRE and Crossland Otter Hunt in the deal and Sverdrup Steel represented itself.
Sverdrup Steel website
JF Finnegan website
Images: JF Finnegan
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