L-R: Ismail Elmagdoub, Company Director at A.I.M Logistics Ltd, Neil Barnes, Barclays Relationship Director and Ahmed Elmagdoub, Company Director A.I.M Logistics Ltd
AIM Logistics Ltd based at Vale Business Park, Evesham is motoring along nicely after completing a £5,000,000 investment to acquire and build a new distribution and logistics centre on the 3.2 acre site supported by Barclays.
This independent, family-owned temperature control distributor business was established in 2004 and has seen a massive expansion in the past 14 years, now operating a fleet of 70 vehicles. The business currently employs 150 staff with an annual turnover of £14 million.
Ismail Elmagdoub, Company Director at AIM Logistics Ltd said: “We had simply outgrown our previous site and the new development secures our future and enables the business to expand into other markets. Situated in a prime location at the side of the A46 on the Vale Business Park, Evesham, the new site gives us much greater capacity and we have already received our operator license to increase our trailer count to 85 tractor units and 100 trailers.
We have also created a state of the art maintenance workshop under new company name ‘Vale Maintenance Services’ to bring “in house” all our servicing and maintenance work and the ability to conduct 3rd party maintenance and servicing to generate an additional revenue stream.”
Neil Barnes, Barclays Relationship Director said “By really understanding the business and the industry sector, Barclays has been able to deliver a funding package to support this ambitious project. The new facility demonstrates both Barclays and AIM Logistics confidence in the continued growth and success of the business. The 18 month build and fit out has already created over 30 new jobs and puts a significant asset on the balance sheet. ”
Ismail Elmagdoub, Company Director at AIM Logistics Ltd continues: “We are really proud of our achievements rom 2 tractor units in 2004 to where we are now. Our high standards and loyal client base have enabled consistent sustainable growth of the business despite all the challenges such as the recession, fluctuating fuel costs and the uncertainty around Brexit. We are the only temperature-controlled operator with BRCC accreditation within a 15-mile radius and have plans to diversify into the wholesale and expand our cross dock facility markets further.
Running a business is tough but the ability to make decisions and control your own destiny while supporting the local community make it all worthwhile.”
For further information visit: www.aimlogisticsltd.co.uk.
