23 Feb 2009 07:00
23 February 2009
Styles&Wood Group plc
("Styles & Wood" or the "Group")
Styles&Wood completes first Lidl project
Styles&Wood Group plc, a provider of retail property services, announces the completion of its first project for Lidl at BattleHill, Wallsend, North Tyneside.
The project undertaken by Styles&Wood was to fit out a new shell construction to create the Lidl store. During the project Styles&Wood was responsible for co-coordinating the supply and installation of several German based specialist contractors, such as mechanical equipment and floor finishes. The project, that was completed by Styles&Wood on time and on budget, was part of a wider regeneration scheme in Wallsend for a mixed use, retail, social and residential development.
Food retail is a key market for Styles&Wood and to date the Group has focused on all of the main market food retailers. This project for Lidl therefore plays to the Group's strength in food retail and importantly marks Styles&Wood's first programme for a fast growing value end food retailer.
Ivan McKeever, CEO of Styles&Wood, commented:
"This is an exciting project for Styles&Wood as it marks the Group's entry into the market for value end retailers. We are an established player in food retail and our team has an excellent reputation for delivery in this sector, hence this move is a natural fit for the Group.
"Our team has very much enjoyed working with Lidl on the project. We hope to further strengthen this relationship in the future as Lidl continues its store expansion programme."
Graham Mair, Construction Executive of Lidl, commented:
"We have been impressed by the quality and timely delivery of Styles&Wood's work and the way they handled this, their first time working on a Lidl Store. This store opening demonstrates our exciting UK store expansion plans for Lidl and shows that there are employers out there who are recruiting in the current economic climate."
- Ends -
For any further information, please call:
| Styles&Wood Group plc | Tel: 0161 926 6000 |
| Ivan McKeever, CEO | |
| Graham Clark, Group Finance Director | |
| Financial Dynamics | Tel: 020 7831 3113 |
| Billy Clegg / Georgina Bonham / Alex Beagley |