Balfour Beatty Living Places secures £330m Highways Maintenance contract extension from Lincs County Council
New student flats planned for “run down ensemble” of Nottingham buildings
Microlise Group continues decade-long partnership with Bidfood contract renewal
Microlise Group, a Nottingham provider of technology solutions, has secured an extension to its partnership with Bidfood, a leader in foodservice distribution. The Group has supplied software solutions to Bidfood for over a decade.
Bidfood has been harnessing the Group’s ‘Fleet Performance’ product, providing telematics and tracking capabilities, both of which integrated with precision temperature monitoring.
The product has played a role in enhancing the efficiency and reliability of Bidfood’s fleet operations, with the software now in use across 984 fleet vehicles – up 4% from the previous contract.
Speaking on the renewal, Charlie Brackley, Microlise Group’s Head of Account Management, said: “We are delighted to have Bidfood onboard for another three years. The trust they have placed in our technology – and our team – over the past decade underscores the substantial value we bring to its operational framework.
“Microlise remains resolute in its commitment to provide innovative solutions that consistently elevate efficiency, safety, and sustainability for Bidfood’s expanding fleet.”
Luke Poundall, Bidfood’s Procurement Manager, added: “We’re really pleased to continue our partnership with the team at Microlise and looking forward to working with them over the next three years.”
Nottingham game studio on the brink of closure
£29m secured to support acquisition of Leicestershire and Lancashire sites
Engineering consultancy snaps up Burton firm
University of Nottingham research partnership results in new industry tech
Gove intervenes with new homes masterplan by council
‘Hardest working personal injury solicitor’ in East of England promoted to partner
Rotherhill completes lease re-gear for Meggitt Plc
Midlands-based property developer Rotherhill has completed a lease re-gear for UK aerospace manufacturer Meggitt Plc’s facility in Shepshed, Leicestershire.
Meggitt has occupied the site on Gelders Hall Road since its construction in 1987 (previously as Cobham Composites), with buildings extending to 48,845 sq ft set upon 3.8 acres.
The original agreement made in February 2022 was for a 3.25-year leaseback in order to allow Meggitt to relocate to a nearby site.
Following the takeover of Meggitt by US manufacturer Parker Hannifin Corporation in September 2022, Rotherhill agreed terms for a lease re-gear of up to 11.5 years. The terms of the lease re-gear also allowed for the release of development land, enabling a future industrial development of circa 30,000 sq ft.
Ed Jeffrey, associate director at Rotherhill, says: “We are delighted to have completed the lease re-gear with Meggitt and that they have chosen to commit to the location for the long term.
“The new agreement enables us to bring forward land for future development, whilst improving the rental return on the existing buildings and extending the duration of income for up to 11.5 years from an excellent covenant.
“It has been satisfying to develop a long-term relationship with Meggitt, working flexibly to accommodate their requirements whilst generating value for our investor partner.”
Rotherhill director Paul Bagshaw adds: “Our experience and sector knowledge allows us to take on investment and redevelopment opportunities with short term income. By proactively working with the current occupiers, we’ve been able to meet their requirements and achieve a positive and favourable outcome for all involved.”