A Renowned Self Storage Firm Increased Its Revenue by 11% and Plans to Buy Pramerica!

The self-storage firms in the UK are increasing day by day and there are many who are providing the most reliable services. Some firms are well established in Oxfordshire too. A renowned firm in the UK has increased its revenue by 11% within one year and it is now planning to buy out Pramerica according to the reports.

Joint venture since 2007:

Although the company has a joint venture with Pramerica and owns one-third of its share, it is now planning to pay out £39.25 million to buy Pramerica. At present the existing shares of the firm are 10% of total Pramerica shares.

A stock placement:

The stock placements conducted by this self-storage firm have raised funds up to £14.35 million which are now increasing their shares. Nicholas Vetch, executive chairman said that, “The stock placement has been successful and we are grateful to our shareholders for their support.” The revenue of the firm increased to 115 which are now £39.9 million as compared to last year. The firm provides services in more than 70 places that include areas surrounding Oxfordshire.

Besides all these there are many other firms that provide quality service to its customers. If you are looking for storage in Oxfordshire, there are various firms to get in touch. They provide you with wide range of storage options for desired amount of period. Hire one them today!