S&W plans major expansion of wholesale operation islandwide to Newry
A new MASSIVE warehouse is to be developed in Newry by wholesale group Savage and Whitten to service its rapidly growing distribution network across the island.
Better known as S&W Wholesale, the company already operates from a 100,000 square foot base in the Carnbane Business Park in Newry.
But the group behind the Today’s and Near retail brands has revealed plans for a larger 180,000 square foot storage and distribution complex on an 11-acre site across the A1.
There followed a period of significant growth for the company, which has its roots in Newry for over a century.
The grocery shopping craze during the first Covid-19 lockdown helped boost S&W Group’s turnover in 2020, which jumped 22% to £126m. Pre-tax profits rose 72% to £5m over the same period.
Originally founded as Newry Cash & Carry in 1916, the company merged with J&E Whitten in 2000 to create Savage & Whitten, otherwise known as S&W.
The business has grown to thousands of products, spread over a fleet of 60 vehicles, making it one of the largest independent wholesalers on the island of Ireland.
It now employs approximately 250 people and serves some 2,500 customers.
The group’s retail portfolio now stands at some 140 stores across the island of Ireland.
While S&W has yet to release its corporate results for 2021, a December report from the Economic and Social Research Institute (ESRI) in Dublin showed that the significant increase in the volume of goods transported from Northern Ireland to the Republic after Brexit was due to food. and beverage sector.
He noted a sharp decline in trade between the Republic and Britain since January 2021, while north-south trade has increased significantly.
S&W is just the latest company involved in the island-wide food supply chain to announce a major expansion plan.
Lisburn’s PRM Group, one of the island’s largest chilled food delivery groups, unveiled an £8million investment plan in December to develop a new purpose-built storage and distribution center designed for this purpose.