Shift has initially agreed to acquire nine former Tuffnells sites from administrators having already acquired the Tuffnells IP and brand. It is also in discussion with the landlords of six other former Tuffnells sites.
Jacob Corlett, CEO, Shift said: “We have secured a future for Tuffnells and are well on the way to launching 25 depots, part of this includes taking on nine of the original Tuffnells depot network that have been chosen for being strategically well positioned and suitable for our plans to invest significantly in onsite technology. This enables us to provide employment for several hundred former employees.”
“We intend to relaunch Tuffnells in July when, with our tech overlayed and integrated, it will be an operationally efficient business with significant potential for the generation of ongoing and profitable growth.”
Share