Angel Springs relocation whets the appetite for growth
WATER cooler supplier Angel Springs has officially opened its brand new headquarters in Wolverhampton.
The state-of-the-art 10,000 square foot building, which is positioned on a 1.2 acre site on Shaw Road in Bushbury. The opening ceremony was led by Angel Springs’ Managing Director John Dundon.
Guests at the ceremony included Pat McFadden, MP for Wolverhampton South East, together with Jay Patel, Business Development and Investment Manager at Wolverhampton City Council.
Speaking at the event, both Mr McFadden and Mr Patel acknowledged the important contribution that businesses like Angel Springs make to the local economy.
Mr McFadden also praised the firm for its decision to retain the business’ UK headquarters close to its original roots in Ettingshall, saying this demonstrated a sound commitment to the Midlands region as a whole, as well as to its 80 Wolverhampton-based employees, many of who live close by.
The relocation has been made to support the firm’s ongoing expansion. Since being established in 2003, the firm has trebled its annual turnover to £16m and the last three years has seen profits double, following a series of new business wins.
Alongside this strong organic growth strategy, Angel Springs has also completed three successful acquisitions since last year, including taking a 50% stake in the Fillongley Spring Water bottling plant in Warwickshire to help it service depots across the wider West and East Midlands region. The business has now increased employee numbers from 168 in 2010 to more than 200.
The relocation will also enable the firm to increase head count by around 20% over the next 12 months, particularly within the sales, customer service and administration functions. In the last three months, the business has consistently increased its customer base by around 1,000 new customers per month, with several new contract wins in the Midlands region.
Mr Dundon said: “The official opening of our new UK headquarters has provided Angel Springs with a great opportunity to shine the spotlight on the growth and success we’ve achieved with our customers right here in the Midlands, and also on a national level across the UK.
“Our business has enjoyed solid growth and progression in recent years and this move to larger and more sophisticated premises represents an important milestone in our success story. I would like to thank everyone at Angel Springs for their continued support and hard work, as we look to build further on this success for many years to come.”
