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Birmingham Post
Birmingham Post
Business
Hannah Baker

Somerset storage company acquired by South African-owned firm

South Africa Somerset Frome FRP

A Somerset-headquartered storage business has been acquired by a UK self-storage group for an undisclosed sum.

Frome-based Storagebase has been bought by Storage King, which is owned by South Africa's largest self-storage company, Stor-Age Property REIT Limited.

Storagebase has four facilities in the South of England, while Storage King owns more than 80 self-storage assets in the South Africa and the UK. The acquisition includes more than 300,000 sq ft of space, including a new 102,000 sq. ft facility under construction in Amesbury, in Wiltshire.

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