A rapidly growing refrigeration company has secured a landmark agreement to supply its units to a leading supermarket chain.
Since its inception in 2018, the company has captured a significant market share, demonstrating its commitment to quality and innovation in the refrigeration sector.
Major Deal with Supermarket Giant
A Salford-based refrigeration specialist has successfully negotiated a substantial supply deal with Tesco. The agreement involves providing medical refrigeration units to Tesco’s extensive network of 365 pharmacies across the UK.
Having already delivered standalone and undercounter units to 20 Tesco locations, the company expects this deal to enhance its visibility and reach within the retail pharmacy market.
Company’s Market Dominance
Founded in 2018, the refrigeration business holds an impressive 70% share of the UK pharmacy refrigerator and freezer market. This dominance is a testament to its robust product offerings and customer-centric approach.
The firm has established partnerships with key players in the healthcare sector, including 600 laboratories, several NHS hospitals, primary care networks, care homes, and veterinary surgeries.
Strategic Partnerships
The company has strategically aligned itself with major pharmacy chains. It began by partnering with Lloyds Pharmacy and now supplies other significant names such as Rowlands Pharmacy, Numark, Well, Phoenix Healthcare, and a large number of independent pharmacies.
Through its strategic alliances, the business has positioned itself as a reliable supplier in the medical refrigeration market.
Moreover, the firm’s e-commerce platform allows customers to purchase directly, streamlining the procurement process and increasing accessibility.
Products Supplied
As part of the deal with Tesco, the company has supplied several key models of refrigeration units. These include the CMS125 (under counter), CMS300 (freestanding), and CMS400 (freestanding). Each model meets stringent requirements for medical refrigeration, ensuring the safe storage of pharmaceuticals.
This variety in product offerings allows Tesco to select units that best fit the specific needs of their pharmacies, enhancing operational efficiency.
Expert Insights
Account manager Sam Lister commented on the new partnership, saying it marks a significant milestone for the company. “It’s the latest chapter in our brilliant growth story,” said Lister. “We started as a small start-up six years ago and now provide refrigeration solutions to one of the world’s largest retail chains.”
Lister highlighted the firm’s journey from its humble beginnings to becoming a pivotal supplier during the Covid crisis and now collaborating with a retail giant.
Future Prospects
The successful partnership with Tesco paves the way for further expansion opportunities. The company is well-positioned to explore additional agreements with other major retail chains and healthcare providers.
As the demand for reliable medical refrigeration solutions continues to grow, the firm’s innovative approach and customer-focused strategies are likely to sustain its upward trajectory.
The company aims to continue leveraging its strong market presence and technological advancements to meet the evolving needs of its clients.
Conclusion
The Salford refrigeration specialist’s deal with Tesco represents a significant achievement in its growth journey.
By consistently delivering quality products and forging strategic partnerships, the company is well on its way to further solidifying its market leadership.
Securing a deal with Tesco is a pivotal moment for the refrigeration business, reflecting its rapid growth and market influence.
With a focus on innovation and strategic partnerships, the company is poised for continued success in the competitive medical refrigeration market.