Broadcast and video specialist sees big picture with £1m investment

HOLDAN, a broadcast, audio visual and professional video distributor is investing £1m in larger premises to keep pace with the growth of the business. 

The Glossop-based company is the UK’s biggest distributor dedicated to the pro-video, AV and broadcast sectors.

Celebrating its 20th anniversary this month, Holdan is investing around £1m in the new facilities with the help of a £500,000-plus loan from Barclays for the purchase of UK House.

Turnover exceeded £20m for the year ending December 2015, resulting from a significant export growth into Europe and diversification into new markets. This growth has created the need for additional warehousing and office space, and having taken on four new commercial managers in 2015, the business is likely to create more jobs in the coming year.

Chris Daniels, managing director of Holdan Limited said:“The opportunity to purchase the new site in Glossop could not have come at a better time for us.

“We are committed to staying in this area and the larger premises will support the business on its successful growth journey whilst maintaining the highest level of service for our customers.

“We have built a great relationship with Barclays over the years and we look forward to working with them in the future as a trusted, strategic banking partner.”

Lois Cooper, relationship director for Barclays Corporate Banking said, “I congratulate Holdan and its management team on reaching twenty years in business. The new premises will start a new chapter for the company ensuring they continue on their succesful growth journey. The new premises will give the business extra capacity to grow and could potentially provide more jobs for the local community.”