Safestore
| File:Safestore logo.jpg | |
| Company type | Public (LSE: SAFE) |
|---|---|
| Industry | Storage |
| Founded | 1998 |
| Headquarters | Borehamwood, Hertfordshire, UK |
Key people | Alan Lewis, [Non-executive Chairman[1]] Frederic Vecchioli, [CEO[2]] |
| Revenue | £115.4 million (2016)[3] |
| £109.3 million (2016)[3] | |
| £87.4 million (2016)[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
- ^ "Alan S. Lewis". Businessweek.com. Retrieved 3 June 2015.
- ^ "FE Investegate -Safestore Hldgs plc Announcements - Safestore Hldgs plc: Directorate Change". investegate.co.uk. Retrieved 3 June 2015.
- ^ a b c "Annual Report 2016" (PDF). Safestore. Retrieved 23 April 2017.
- ^ "Investors' Room :: Safestore Plc - MoneyAM - Free Share Prices, Stock Quotes, Charts, News, Level2". moneyam.com. Retrieved 3 June 2015.
- ^ "Safestore Holdings plc - Shareholders approve REIT". hemscottir.com. Retrieved 3 June 2015.
- ^ Soros makes a loss in Safestore's £40m management buyout Independent – 22 August 2003
- ^ "Bridgepoint / Safestore to IPO at 240p per share". bridgepoint.eu. Retrieved 3 June 2015.
- ^ "Experts Put Safestore on Track for Expansion". highbeam.com. Retrieved 3 June 2015.
- ^ "Directorate Change". londonstockexchange.com. Retrieved 3 June 2015.
- ^ "SAFESTORE HOLDINGS PLC ORD 1P - London Stock Exchange". londonstockexchange.com. Retrieved 3 June 2015.
- ^ "SAFE". Interactive Investor. Retrieved 3 June 2015.
- ^ "FE Investegate -Safestore Hldgs plc Announcements - Safestore Hldgs plc: Notice of Results". investegate.co.uk. Retrieved 3 June 2015.
- ^ "Safestore Holdings Plc's "Buy" Rating Reiterated at Numis Securities Ltd (SAFE) - Ticker Report". Ticker Report. Retrieved 3 June 2015.
- ^ "Change of Auditor". londonstockexchange.com. Retrieved 3 June 2015.
- ^ "Self Storage – opportunity or threat to movers?". themover.co.uk. Retrieved 3 June 2015.