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Birmingham Post
Birmingham Post
Business
Tom Pegden

Wilko completes £48m sale and leaseback of Notts distribution hub

Wilko DHL

Nottingham law firm Browne Jacobson has advised Wilko on the £48 million sale and leaseback of its Worksop distribution centre.

The high street retailer has signed a 15-year partnership agreement with DHL in order to free up cash for investment across its 402 stores and digital channel.

Wilko chief executive Jerome Saint-Marc said: “It’s standard business practice to constantly review how we manage our finances.

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