Popcorn manufacturer gets greedy with acquisition
SUPPLIER to the cinema industry, Tommy Tucker, has leased the whole 2.4 acre Sheffield business park as it looks to take a bigger bite out of the market.
Tommy Tucker has signed a 10-year lease for more than 41,000 sq ft of warehousing and production space at Target Park on the North Anston Trading Estate.
The deal was brokered by the Sheffield office of Knight Frank on behalf of Bold International Properties Ltd.
It sees the popcorn giant take units one and two, at 21,500 sq ft and 20,000 sq ft each.
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Tommy Tucker is one of the largest suppliers of popcorn to UK cinemas. It acquired RJ Foods in June 2015 as part of an expansion programme.
David Gregg, managing director at Tommy Tucker, said: “The company is in a position to capitalise on its success and of growth; by further expanding, increasing our NPD and product offering, innovating through new state of the art equipment, adding capacity and providing contingency to our customers to ensure supply, all of which enables us to flex our business to meet customer changing demands.
Ben White, partner at Knight Frank, said: “The deal to let Target Park in its entirety is testament to the strength of Sheffield’s industrial offering and the healthy demand for quality units within the M1, A1 corridor.
“Tommy Tucker wanted to create room for expansion and needed excellent transport links to fulfil its requirements and the site at Target Park is ideal for its purposes.”
