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XBM purchase new HQ

XBM has recently purchased a 16,000 square foot building in Morley, Leeds, where it plans to move its head office thanks to a £1.8 million loan from NatWest. The business has now acquired four buildings over the past decade thanks to financial aid and support from the bank.

These include XBM’s current headquarters in Leeds in 2013, Newcastle in 2015, two Birmingham sites in 2018 and 2019, and Glasgow in 2023.

The managed print and technology reseller company aims to turnover £30 million per year after the expansion of its Leeds HQ and warehouse site.

Chairman Justin English said: “The purchase of XBM’s new Leeds HQ and our continued growth will create an additional 45 jobs and we are determined for our vision for the business to become a reality with the help of NatWest. We currently employ 65 staff across the four main sites and hope to almost double this figure in the next two years.”

www.xbmltd.com

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