Rick Bestwick has announced a planned re-branding of the company, which will see its name change to Magnavale as part of a refinancing agreement.

Andrew Lawrence

Magnavale director, Andrew Lawrence.

Having recently secured the refinancing agreement, Magnavale says it is exploring opportunities to expand its service offering and its national network of cold stores in an effort to reposition itself as a market leader in the sector.

The firm says the re-branding reflects both the evolution of the company and its vision for the future.

Consequently, Rick Bestwick Ltd will become Magnavale Chesterfield, Rick Bestwick (North) Ltd will become Magnavale Scunthorpe and Rick Bestwick (North West) Ltd will become Magnavale Warrington.

Magnavale director, Andrew Lawrence, added: “The rebrand comes at a time of positive change for our business, as we’re investing heavily for the future, and both modernising and expanding our network of cold stores. We plan to expand two of our current sites, Chesterfield and Warrington, along with adding a new 96,000 pallet cold store being built at a site in Easton.”

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