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HAULAGE BUSINESS EXPANDS HEAVY LIFT CRANE FLEET

A Studley haulage business has expanded its heavy lift crane fleet with the support of a finance package from Lloyds Bank.

Established in 1959, Allelys Heavy Haulage Ltd is one of the UK’s leading heavy lift, specialist transport, heavy haulage and logistics providers and has the capability to transport abnormal loads across the UK and into Europe.

Allelys recently supported the transport of two generators from Belfast Harbour to Kilroot Power Station, breaking the record for the heaviest loads to be transported on Northern Ireland’s road network.

The business has seen a significant increase in demand for its services, with a particular rebound in heavy industry projects since the Covid-19 pandemic. The business has used the Lloyds asset finance loan to buy a Gottwald AK 912 pedestal crane. This new equipment has a lifting capacity of 1,200 tonnes and a main boom, or hydraulic arm length of 113 meters, making it the largest capacity crane in Allelys’ fleet.

Allelys now owns and operates a fleet of cranes ranging from 15 – 1,200 tonnes capacity, to help meet the di ering needs of its customers.

A family-run business, Allelys currently employs more than 160 people and is anticipating a boost to its turnover following this additional investment.

Berry Bros acquires minority stake in The Cotswolds Distillery

Britain’s oldest wine and spirits merchant, Berry Bros & Rudd, has purchased a minority stake in The Cotswolds Distillery at Stourton.

This comes as part of the distillery’s latest funding round, which has attracted private investors to help boost production and sales of its Cotswolds Single Malt Whisky.

The money will also help create a biodiverse wetlands ecological treatment system as part of the company’s ambitious sustainability plans.

David Allely, director, Allelys, said: “We’ve been through a period of significant growth and expansion over the past few years. To maintain this momentum, it’s important we continue to invest in and expand our fleet.”

Dalia Ahmed, relationship director, Lloyds Bank, said: “Industries like civil infrastructure and transport have gone from strength to strength over the last couple of years, meaning businesses like Allelys, with its impressive customer base, are flourishing.

This new investment in its heavy lifting fleet brings additional capacity to the firm at a time when they’re continuing to see exceptionally strong demand for their services.”

Bristol’s Osborne Clarke advised The Cotswolds Distillery on the deal, which sees Berry Bros. & Rudd CEO Emma Fox take a position on the board. The firm’s corporate team was led by Associate Director James Taylor, who received support from Senior Associate Hannah Stevens and Associate Liam O’Connor.

Cotswolds Distillery Founder, Daniel Szor, said: “We could not be more delighted with the results of our funding round – in particular, our new partnership with Berry Brothers who, like us, stand for excellence in fine spirits – as we further build our brand through increased national and international distribution.”

The company recently opened a second distillery on its 14-acre Warwickshire site specifically for malt whisky. This was made possible by a £3 million investment last year from Santander UK, which allowed the distillery to improve operation e ciency and bolster its status as the largest producer of English whisky.

Centrica Business Solutions begins work on 20MW hydrogen-ready Peaker in Redditch

Centrica has purchased a decommissioned power plant in Redditch and is set to install eight UK assembled containerised engines to burn natural gas.

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