A Stockton family business, which was crowned Business of the Year last week, has secured investment to support its future growth.

Cleveland Containers won the evening’s top prize at the Teesside final of the North East Business Awards, held at Middlesbrough College on Thursday June 23rd. At the event, chief executive Johnathan Bulmer, who runs the business with his wife Jane, hinted that an announcement was to be made at the company, which has seen huge growth over the past 11 years. , taking first-year revenue from £1.1m to £60m this year.

Today, Stockton – which provides hundreds of shipping containers every week as well as site modification and hosting services – sealed a minority investment from leading mid-size private equity firm LDC, to support the next step in its growth journey. LDC is supporting the existing management team to support its growth plan and further enhance Cleveland Containers’ sales and rental offering, while creating career opportunities for new and existing employees.

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Led by husband and wife team Johnathan and Jane Bulmer, the company currently supplies over 4,500 customers, including national builders, construction companies, street retailers and individuals. With new and used containers ranging in size from 6ft to 45ft, they can be supplied for a number of uses, from storage units to office spaces to street food vendors and site canteens.

Container conversions have also seen them used in the Stack Seaburn food venue in Sunderland, as well as containers for Gulliver’s Valley theme parks in Rotherham and Gulliver’s Kingdom in the Peak District.

The company has a network of 15 depots and currently delivers over 400 containers a week to customers across the UK. It currently employs over 65 people and is already forecasting a turnover of £80m next year.

To support the next leg of its journey, Andrew Thompson, former chief executive of portable venue hosting and storage container rental provider Mobile Mini, has been named chief operating officer. Jon Hurford, former chief financial officer at O’Brien Waste Recycling Solutions, has also joined the company as chief financial officer and Richard Tredwin, former CEO of SRL Traffic Systems, has been named non-executive chairman.

The undisclosed investment was led by Gareth Marshall, partner and head of LDC North East, and investment manager Naomi McDiarmid, who will also join the board.

Mr. Bulmer, General Manager of Cleveland Containers, said, “I’m really proud of everyone at Cleveland Containers. The team has worked tirelessly to solidify our market leading position and with the support of LDC we are now able to further strengthen our business and welcome more people into our fun and fast growing business.

“As soon as we met Gareth and Naomi at LDC, we knew LDC was the right partner to support our growth plans. They have helped bring new experiences and perspectives to our business, and it’s a real bonus to have their Newcastle office just a short distance away. We feel well supported to continue our growth from our base here in the North East.

Gareth Marshall, Partner and Head of LDC North East, said, “Johnathan, Jane and the Cleveland Containers team’s commitment to customer service has been key to their growth. Thanks to their efforts and creativity, we are seeing an increasingly innovative use of containers across the UK. We look forward to helping the company bring even more customers the right container, site hosting and turnkey modular solutions.

Cleveland Containers was advised by UNW and Womble Bond Dickinson. LDC was advised by Grant Thornton, Weightmans and Fairgrove Partners.

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