TIDMADF
Facilities by ADF plc
01 February 2023
RNS REACH
1 February 2022
Facilities by ADF plc
("Facilities by ADF", the "Company" or the "Group")
Location One opens branches at ADF's Longcross operational base
and Bridgend depot
Facilities by ADF, the leading provider of premium serviced
production facilities to the UK film and high-end television (HETV)
industry, today announces that Location One, the UK's largest
integrated TV and Film location service and equipment hire company,
which was acquired by ADF in December 2022, has opened branches at
the Group's new operational base in Longcross, Surrey, and depot in
Bridgend, South Wales.
ADF's new five-acre operational hub at Longcross is four times
the size of its previous base in Bordon, Hampshire and was built in
2022 as a response to the increased demand for the Company's
services. Location One's new branch will offer generators, water
bowsers, lighting equipment, environmentally friendly
battery-stores/other renewable solutions and other capital light
consumables. Location One leads its market with the ECOPOD
recycling solution - enabling full reporting for food, composting,
recycling, and general waste streams for productions embracing
albert and similar schemes. Like Facilities by ADF, Location One is
an approved Albert supplier. The site is perfectly located to serve
all major studios near Longcross, including Shepperton Studios,
Pinewood Studios, Leavesden Studios, and Elstree studios.
Location One's new branch at ADF's Bridgend depot will also
provide its full range of Location Services, and employ key
personnel from the local area, encouraging strong regional
relationships within the Welsh Film Industry to help facilitate
sales. The workspace has recently been expanded with a new 5,400 sq
ft factory unit, bolstering the existing 9,000 sq ft of floor space
currently available, as part of the Group's expansion plans.
The two new branches will provide ADF and Location One with the
ability to cross sell its services to the increasing number of
High-end TV and video production companies with sites in the UK, as
well as to deliver services in a more efficient way at a time when
demand for both ADF and Location One's products are at an all-time
high. The branches will also expand Location One's geographic reach
and logistical capabilities, to ensure customers continue to
receive a premium service and further accelerate ADF's plan to
become a One-Stop-Shop for Film and high-end TV production.
Marsden Proctor, Chief Executive of Facilities by ADF,
commented:
"Following the successful acquisition of Location One in
December, the opening of these two new branches is a further
demonstration of our joint commitment to continue providing
high-quality equipment and customer service levels to the growing
high-end film and TV market in the UK.
"They will help to expand the community at Longcross and
Bridgend, to promote significant growth opportunities for our
extensive partner network and we are excited to officially welcome
Location One to the sites, to continue to integrate the teams."
Crispin Hardy, founder and CEO of Location One, commented:
"The expansion at Longcross and Bridgend will allow us to offer
our complementary services to a wide breadth of production
companies, creating an expanded Group offering, as investment in
the UK Film and TV industry continues to accelerate at record pace.
We look forward to building on our longstanding relationship with
ADF and are excited about the future growth opportunities this
enlarged Group will bring".
For further enquiries:
Facilities by ADF plc via Alma PR
Marsden Proctor, Chief Executive Officer
Neil Evans, Chief Financial Officer
John Richards, Chairman
Cenkos (Nominated Adviser and Broker) Tel: +44 (0)20 7397
Ben Jeynes / Max Gould / George Lawson - 8900
Corporate Finance
Alex Pollen - Sales
Alma PR (Financial PR) Tel: +44 (0)20 3405
Josh Royston 0205
Hannah Campbell facilitiesbyadf@almapr.co.uk
OVERVIEW OF FACILITIES BY ADF
ADF's production fleet is made up of premium mobile make-up,
costume and artiste trailers, production offices, mobile bathrooms
(known as honey wagons), diners, school rooms and technical
vehicles. The Group provides these production facilities and
additional services after a planning process with the customer held
well in advance of filming. In servicing productions, ADF staff are
available on site and each production is allocated an account
manager who acts as a single lead point of contact during
filming.
The Group serves customers in an industry that has experienced
significant growth in recent years, with additional demand driven
by a material rise in the consumption of film and HETV content via
streaming platforms such as Netflix, Disney and Amazon Prime. The
UK film and TV industry has directly benefited during this growth
due to the quality of its production facilities and studios, highly
skilled domestic workforce, geography, accessibility to Europe,
English language environment and strong governmental support. Major
US streaming companies have now set up permanent bases in the UK,
with the UK now Netflix's third largest operation after the USA and
Canada.
In December 2022, ADF acquired Location One Limited, the UK's
largest integrated TV and film location service and equipment hire
company, bringing highly complementary services to the business,
and bringing cross selling opportunities to the enlarged Group, as
well as delivering efficiencies through central services.
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END
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