A major logistics firm has moved into new headquarters in the West Midlands as part of an expansion programme t otalling more than £30 million.
Barsan Global Logistics has bought new premises on a 3.5 acre site at ProLogis Park, Coventry - close to junction three of the M6 - to double its workforce.
The move to the £4.5 million unit is part of a £34 million expansion across Europe which has also seen the Turkish company buy new premises in Italy, Germany, Spain, France and Poland.
The Coventry deal was financed by Yorkshire Bank and arranged by D&P Holt, the agent for the ProLogis Park development.
Barsan was founded in 1982 as a customs clearance firm but has since grown into a g lobal logistics service provider.
The company - which has a global turnover approaching £680 million provides international transportation through land, air, sea, rail and multi-modal freight forwarding, bonded and non-bonded warehousing and stock management.
With more than 1,000 clients including Matalan, Toyota and Land Rover, Barsan also has offices in Turkey, Germany, France, Italy, China, Poland, Spain, the United States and Hong Kong as well as having plans to open ones in South Africa, India and Australia.
It has built a 70,000 sq ft warehouse, with 4,000 sq ft of office space and ten bays for the company's fleet of more than 300 trucks on the ProLogis site as well as buying further space for future expansion.
Hakan Kolemenoglu, director of the UK operation of Barsan Global Logistics, said they would be employing up to 20 extra staff as a result of the move.
"We moved to Coventry a few years ago and were based on the Seven Stars Industrial Estate but we soon out-grew those premises," he said.
"We rented because we were unsure of the location and it was a good stop-gap for us to see how it worked out.
"It was soon clear that we needed to move but we wanted to stay within Coventry because the location at the centre of the country and the heart of the motorway network is excellent.
"D&P Holt showed us a number of sites before we settled on this one. We also spoke to a number of banks but only Yorkshire Bank understood our strategy, and had the vision and ability to support it."
Mr Kolemenoglu added: "The new premises are excellent and although we only moved one month ago, we are already starting to generate extra work as a result."
Paul Brooksbank, corporate partner at Yorkshire Bank, said he was delighted to have been able to support the expansion.
He said: "Barsan Global Logistics is a real success story that has been attracted to Coventry for its UK headquarters.
"I am pleased that we have been able to assist the company in buying the ProLogis site and I am sure the firm will continue to grow as a result."