Wednesday, February 21, 2024
HomeNEWSoxford products buys its neighbour and expands

oxford products buys its neighbour and expands

Oxford Products has purchased its next-door neighbour, Convenience Distribution Oxford Ltd (CDO), and is to use some of the new acquisition’s land to build an extension to its own 100,000 sq ft Witney distribution centre.

CDO is a wholesale distribution business which is said to be a “one-stop-shop for the supply of leading brands to the forecourt, motorist centre and convenience markets”. Established in 2003 by Robert Drake, the company currently operates within a defined territory under the umbrella of the Convenience Distribution Group.

CDO will continue to operate “business as usual” from the same building, with the same staff and management. A new board of directors will find opportunities to share sourcing expertise and distribution capabilities to help both businesses grow.

Although the purchase “provides a stronger financial backbone for CDO”, the only obvious difference will be the view from its 12,000 sq ft distribution centre.

This is because Oxford will use the (currently empty) 1.5 acres of land in front of CDO’s HQ to build a “much-needed” extension to its own 100,000 sq ft distribution centre. The new building will provide in excess of 50% more warehouse and office space to facilitate the group’s ambitious plans for growth.

Oxford MD Andrew Hammond put together the transaction with CDO’s previous owners: “We are delighted to welcome CDO to the Oxford Group. Their team has built a great business and we will enjoy using our combined knowledge and expertise to enhance both companies.”

Established in 1973, Oxford is a global supplier of motorcycle and bicycle aftermarket products. The group encompasses Witney-based Oxford, Oxford Products USA of Jacksonville (Florida) and specialist motorcycle brand distributor Tri-Motive, which is headquartered in Swansea, South Wales. The company sells a huge range of Oxford-branded parts and accessories in more than 90 countries, as well as distributing a number of other leading global brands in the UK. It was only in May 2014 that then Prime Minister and local MP David Cameron officially opened Oxford’s hugely expanded 100,000 sq ft warehouse, showroom and head office complex at Witney in Oxfordshire.



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