The Burnley company has purchased 25,000 sq ft of industrial premises located on a high security site of 1.5 acres, which will sit by its existing 45,000 sq ft premises on 2.5 acres.
The expansion will allow for expansion of van storage, displaying converted van stock, growth in production capacity, elimination of unnecessary vehicle logistics and overhead expenses.It's the second time in as many years that the company has added significantly to its premises. And in 2016, the manufacturing company’s revenues grew by 46 per cent, reaching £10million for the first time since it was established in 2005.
Rupert Gatty, managing director, said: “We plan to increase sales of our current and new products with the benefit of the new premises and it is envisaged that a number of new jobs been created as one outcome of this investment.”The UK-based manufacturing operation can currently host up to 30 fridge van conversions at any one time, allowing the company to meet the high demands in the market for superior quality and reliable refrigerated vehicles.
The news follows a successful year for CoolKit, which has recently received the ATP accreditation from the Department of Transport, received the Made In Britain accreditation, developed and launched new products, and was been named as partner with Toyota, Renault and Volkswagen. CoolKit worked with Forbes Solicitors on the transaction.