Safestore Holdings
| File:Safestore logo.jpg | |
| Public (LSE: SAFE) | |
| Industry | Storage |
| Founded | 1998 |
| Headquarters | Borehamwood, Hertfordshire, UK |
|
Key people
|
Alan Lewis, [Non-executive Chairman[1]] Frederic Vecchioli, [CEO[2]] |
| Revenue | £104.8 million (2015)[3] |
| £134.2 million (2015)[3] | |
| £108.7 million (2015)[3] | |
| Website | Official website |
Safestore is the UK’s largest and Europe’s second largest provider of self-storage.[4][5] It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.
History
Safestore was founded in the UK in 1998,[6] and floated on the Alternative Investment Market that year. In 2003, the company delisted from the Alternative Investment Market after a Bridgepoint-backed £39.8 million Management Buyout led by Steve Williams (Chief Executive at the time).[7]
In 2004, Safestore acquired Mentmore plc[8] for £209 million who were trading under the ‘Spaces’ brand in the UK and as the ‘Une Pièce en Plus’ (UPEP) brand in France. UPEP were co-founded in 1998 by the current Safestore Group CEO Frederic Vecchioli.[9]
The company has been listed in the London Stock Exchange since 2007.[10] In April 2013, Safestore was converted into a real estate investment trust (REIT).[11]
Operations
Their principal operations are located in the UK, where it has 95 stores including two business centres and a further 24 stores in Paris trading as Une Pièce en Plus. In addition, there are 12 Space Maker stores under management.[12][13][14][15]
References
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- ↑ Soros makes a loss in Safestore's £40m management buyout Independent – 22 August 2003
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