Online grocer secures Midlands hub
Online sustainable grocery service Modern Milkman has expanded its East Midlands operations by taking a lease on a warehouse in Loughborough.
By Liza Helps Property Editor Logistics Matters
THE INNOVATIVE online grocer has secured Unit A totalling 11,367 ft2 at Charnwood Business Park from a private landlord allowing it to further its expansion plans in the region.
Modern Milkman, which was founded in 2018, delivers milk and soft drinks in reusable glass bottles, as well as eggs, baked goods and more, connecting thousands of households to local farmers and suppliers in their community.
The company has been growing its revenue three-fold every year since 2019 and in March this year it bought its US namesake after a chance discovery by the respective founders during a domain search. The UK arm has backing from leading investros including Insight Partners, Praetura Ventures, ETF Partners and Avery Dennison.
NG Chartered Surveyors advised the private landlord.
