Belgian logistics specialist WDP has revealed it is investing a total of around €47 million over the next two years to develop and expand distribution facilities purchased recently from Dutch fresh produce supplier The Greenery.
Located in Barendrecht and Breda, the centre are now being leased back to The Greenery on a long-term basis and remain central to the Dutch firm’s future plans.
“The partnership with The Greenery has been strengthened thanks to a new sale and rent back transaction, including
redevelopment project,” explained Joost Uwents, general manager of WDP.
In addition, he said, the partnership had been strengthened by the acquisition of a building referred to as C-D, adjacent to The Greenery’s Barendrecht site, where new construction to expand the group’s existing retail distribution centre is underway and due to be finished in late 2018.
The new building is expected to cover around 23,700m² and will accommodate logistics operations belonging to The Greenery’s import division Hagé International, while further development is planned for the nearby Euro Pool System container-washing plant.
In total, the addition of around 40,000m² is planned by the end of 2016.
In Breda, meanwhile, construction of a new 12,000m² distribution centre is due for completion in late 2016 and will operate as a logistics hub for The Greenery’s soft fruit business.