Westcoast sales growth
Theale-based distributor increases sales by 59%
AN electronic product distributor based in Theale has been named in the HSBC International Track 200 league table, ranking Britain’s mid-market private companies with the fastest-growing international sales.
Westcoast chalked up international sales of £321.2m in 2016, an increase of 59 per cent over two years. Its total sales were £1,912.5m.
Its highlight was establishing operations in Lyon after buying out a division of Spanish distributor Adveo.
The Arrowhead Road business employs 1,195 staff.
Amanda Murphy, UK head of commercial banking at HSBC, said: “This year’s HSBC International Track 200 is testament to the exciting opportunities available to ambitious UK businesses with appetite to grow their goods and services abroad.”