Tag: Vostok

Mercadona Signs Purchase Of Giant Plot In Parc Sagunt, Valencia

9 October 2017 – Eje Prime

Mercadona has finally got a foothold in Sagunto. The food distribution chain is continuing to shake up the logistics business in the country with the purchase of a plot of land measuring 358,270 m2 in the Sagunto Business Park (Valencia).

Although the agreement was announced almost a year ago, it was not until last week that the deal was actually signed. Now, Mercadona will have to wait another nine months before work starts on the construction of the logistics centre that it plans to build on the site, according to Expansión.

This is the first of three plots that the firm has acquired on the industrial estate: 600,000 m2 of land in total for €41.31 million. This means that one third of the Parc Sagunt industrial area is now owned by the group led by Juan Roig.

The positioning of Mercadona in Sagunto has attracted other companies to the sector, as evidenced by the purchase of two other plots on the industrial estate by Vostok and Inlet Seafish, which spent €1.43 million and €620,000 on their sites, respectively.

Original story: Eje Prime

Translation: Carmel Drake

Mercadona Buys 3 More Logistics Plots In Sagunto

12 June 2017 – Expansión

The Parc Sagunt industrial estate, which has been dormant for years and which has been promoted by the Sepi and the Generalitat Valenciana, is set to become one of the main logistics centres of the supermarket chain Mercadona.

In December, the group announced the purchase of the largest plot on the estate, measuring 358,000 m2 in total, for the construction of a buffer warehouse. On Friday, the Board of Directors of Parc Sagunt – in the Valencian town of Sagunto – announced the sale of another three, smaller, plots to Mercadona. Together, these latest plots cover a surface area of 211,000 m2.

The operation in December saw Mercadona pay €24 million, whilst the acquisitions announced on Friday amounted to €17 million. As such, to date, the chain has spent €41 million buying plots of land in Parc Sagunt. Oriol Montanyà, Logistics Director at Mercadona, said that these plots “will serve to complement the future requirements that may arise at the main warehouse that the company plans to build with service, grouping and packaging warehouses”.

Cluster of suppliers

The idea that Parc Sagunt could end up being a logistics cluster for Mercadona’s suppliers is gaining momentum, given that, on Friday, the industrial estate also approved the sale of another plot of land, measuring 16,000 m2, to the company Vostok, which is going to pay €1.4 million. That company has very close links with Mercadona, given that it collaborates with (…) its integrated supplier Patatas Lázaro, which works almost exclusively for the supermarket chain.

Original story: Expansión

Translation: Carmel Drake