20 jobs to be created as haulage firm secures six-figure funding boost

Fenwick Haulage, a specialist frozen and chilled foods logistics company, is set to expand following a six-figure funding boost from HSBC UK.

The firm has used the funding package to purchase a 2.5-acre site which neighbours its head office in Adwick le Street, Doncaster.

The site will be developed into a new office and warehouse facility, allowing Fenwick Haulage to move out of its current rented office space. Work on the site is expected to start in 2019.

The purchase will see the firm expand its team by up to 20 people, and increase turnover by 6% over the next 12 months.

Dave Ward, managing director of Fenwick Haulage, said: “We began banking with HSBC UK two years ago and were impressed with its understanding of our needs as a growing business.

“When we started to explore the idea of expanding our premises, the team at HSBC were on hand to provide insight, advice and guidance every step of the way and, of course, the commercial mortgage to buy the new site.

“As a team, we are excited to continue along this upward trajectory and take Fenwick Haulage into the next 30 years.”

Rebecca Pearce, HSBC UK’s relationship sirector for South Yorkshire, added: “Fenwick Haulage has a strong track record in the industry which it has honed over many years, specifically within frozen and chilled goods logistics, to build a company that is trusted and respected nationwide.

“These deep-rooted foundations have meant repeat business and long-term contracts for the company which have enabled it to invest and expand, as it is doing, to future-proof itself over the coming years.”

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