Bristol-headquartered wholesaler Chapple & Jenkins Ltd has secured a £1.1m funding package from Barclays to expand its operation on the outskirts of the city.
The company has used the finance to purchase 1.79 acres of land adjacent to its existing 30,000 sq.ft. warehouse at Station Road, Kingswood. The firm plans to create additional container storage on the site to enable the wholesaler to increase capacity, drive efficiencies to meet growing customer demand.
Founded in 2008, Chapple & Jenkins Ltd supply drinks and confectionery products to a wide range of organisations including educational establishments, local authorities, hotels, catering businesses and festivals located across Southern England, including Bristol, Birmingham, Reading and the Welsh Valleys .
The firm has continued to experience annual double-digit growth and currently employs 75 staff with an annual turnover of over £17m.
Martin Jenkins, Director at Chapple & Jenkins Ltd, said: “I’m proud of how far the business has come in such a relatively short space of time. Our objective is to provide our customers with great brands and the best customer experience in terms of service, range and price. We’re pleased that Barclays has continued to work closely with us and continue to be supportive of our ambitious growth plans.”
Martin Crook, Barclays Relationship Director, Bristol, added: “Chapple & Jenkins Ltd has achieved significant success and has built a great reputation within the wholesale trade. I’ve have been working with Martin and the wider team for some time now to see how we can support the firm’s growth and provide the facilities to take them to the next chapter for their business. Barclays is committed to using our industry expertise to support such propositions, which are vital to a prosperous local economy and we wish the firm every success in the future.”