Verdion Completes €15 million, 272,000 sq ft Logistic Facility for Derby Cycle in Cloppenburg, Germany

16/02/2016

Verdion, Europe’s specialist logistics developer and investor, has handed over the completed 271,668 sq ft (25,238 sq m) bespoke logistics facility in Cloppenburg Germany to Derby Cycle Werke GmbH.

The new €15 million development, which comprises 265,414 sq ft (24,657 sq m) of warehouse space and 6,243 sq ft (581 sq m) of offices, was completed on time and within budget for Germany’s largest bicycle manufacturer. One of Europe’s leading bicycle companies, Derby Cycle is a subsidiary of Dutch conglomerate Pon Holdings, the international trading and service company that employs almost 13,000 people across 32 countries.

Located in Cloppenburg in Lower Saxony, on Ecopark – an established logistics area close to the E323 and A1 highways – the new Grade A warehouse facility will store some 150,000 bicycles, reflecting Derby Cycle’s successful business growth in its European markets. The Company is both a leader in E-bikes and a manufacturer of many well-known premium bike brands, including Kalkhoff, Focus, Raleigh, Univega, Rixe and Cervélo.

Marc Haverkamp, Verdion’s Technical Director – Germany, says: ““The successful and timely completion of this important and strategic warehouse for Derby Cycle reflects our strong experience in delivering large logistics facilities of this kind. We thank our specialist consultant and General Contractor teams for their excellent and valued support in delivering our ongoing development pipeline.”