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Spectrum Storage acquires Midland Container Storage

The acquisition strengthens the operator’s UK network and adds approximately 40 000 sq ft.

Announcement date:

What happened

Spectrum Storage Group announced the acquisition of Midland Container Storage and the facility’s rebranding as Storebox Cannock. The transaction added approximately 40 000 sq ft to the operator’s network.

Why it matters

Following the transaction, the group reported 28 operating locations, with further facilities in development. Acquiring local operators remains a quick way to extend coverage without building an entire network from scratch.

Sources

Sources checked: .

  1. Spectrum Storage Group — acquires Midland Container Storage (checked )