International edition
September 26, 2020

After securing funding from the Co-operative Bank

TCS John Huxley has acquired premises in Stoke-on-Trent

(UK).- The Festival Park site was bought following a US$ 3.84045 million funding deal with the Co-Operative Bank. As well as logistics, warehousing, sales and administration functions of the business, the Stoke-on-Trent site is also home to the TCS John Huxley European Technical Service and Support Centre.

T

he funding for the acquisition of the premises was provided by the Oxford Corporate Banking Centre (CBC) of The Co-operative Bank and the site is the headquarters for all European technical support and features a 1.2 km repair centre.

Steve Bateman, Senior Business Development Manager at the Oxford CBC, said: “TCS had leased its premises in Stoke since 2003 and we were delighted to provide the funding for the business to secure full ownership of its properties.”

"The success of TCS assisted by our funding has allowed it to acquire its existing premises in Festival Park and also acquire and to secure another nearby unit for possible expansion in the longer term,” he added.

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