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Birmingham Post
Birmingham Post
Business
Tom Pegden

DHL confirm sale of Wilko distribution centre – which it bought for £48m two months ago – for reported £88m

DHL Wilko Brookfield GMB Hilco Worksop

DHL has confirmed the sale of the main Wilko distribution centre in Nottinghamshire, just two months after it bought it.

The logistics giant bought the 1.1m sq ft Worksop site for £48 million in November and was leasing it back to the high street retailer.

Wilko initially struck the arrangement in order to free up cash for investment across its 400-plus stores and digital channel.

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