About Safestore

If you’re going to call upon the services of a storage company, you might as well team up with the biggest and best – Safestore.

With more than 85 self storage facilities up and down the country, located in many major cities and towns, Safestore provides a high quality service to customers in both the business and domestic markets.

Put simply, Safestore gives you more space, more solutions and better service than any other UK self storage company.

1998

• Safestore begins trading with the purchase of 3 freehold properties in London
• Safestore floats on AIM (Alternative Investment Market)
• Safestore acquires Metrostore

1999

• Prestbury Group make a £10 million subscription at 46p per share

2000

• Soros Real Estate partners make a £14.2 million subscription at 62p per share

2001

• Steve Williams joins as Chief Operating Officer

2002

• Steve Williams appointed as Chief Executive
• Richard Hodsden appointed as Chief Financial Officer

2003

• De-listed from AIM after £39.8 million Management Buyout led by Steve Williams and supported by Bridgepoint. The price paid was 44p per share – valuing Safestore at approximately £40 million

2004

• Safestore acquired Mentmore plc who were trading under the ‘Spaces’ brand for £209 million
• The acquisition added 31 freehold/long leasehold and 16 short leasehold stores, under the ‘Spaces’ brand and seven sites in France under the ‘Une Pièce en Plus’ brand. This created a chain of 79 stores and made Safestore the No.1 self storage provider in the UK and second largest in Europe
• John von Spreckelsen joins the Board as Chairman and Non-Executive Director

2005

• Safestore invested significant capital into the Spaces stores to improve the facilities offered and re-branding to create a national company under the Safestore brand
• Safestore acquired Storage World with two stores in Greater Manchester
• Safestore acquired 17 stores from Access France and disposed of seven of the non-core stores, adding 10 stores to Une Pièce en Plus, the Group’s French subsidiary. These were all re-branded Une Pièce en Plus

2006

• Safestore acquired Selfstore adding three stores to the group portfolio in the North West

2007

• Safestore successfully listed on the main market of the London Stock Exchange on March 14th. The offer price was set at £2.40 per ordinary share implying a market capitalisation of approximately £449 million and an enterprise value of £661 million

2008

• John von Spreckelsen leaves Safestore and Richard Grainger is appointed as Chairman and Non-Executive Director
• Currently Safestore has more than 90 stores in the UK including 3 business centres trading under the Safestore name and a further 21 stores in Paris under the Une Pièce en Plus name.
• Safestore continues to grow through new store openings and has many more at various stages of planning due to open soon