Safestore enters Spain with the purchase of Oh My Box! for 17.3M euros

January 11, 2020
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This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

Safestore invests in Spain.

The Catalan company has four storage centers in Barcelona and until now it was 70% owned by the Sabatés family, owners of Eurofragance.

The British storage company has bought the company Oh My Box! Self Storage for 17.25 million euros. The company has four storage centers in Barcelona.

Safestore plans to maintain the company's management team, which controlled 30% of the capital. Oh My Box! It is chaired by Nicolás Pérez, one of its founders in 2013, according to Expansión.

The Sabatés family, owner of Eurofragance, owned 70% of the capital so far. María Jesús Sabatés occupied the presidency of the company, and Santiago Sabatés, president of Eurofragance, has a seat on the company's board.

The Catalan company has an occupancy level of 68% and has a total storage space of 9,700 square meters. For its part, Safestore has a presence in the Netherlands, the United Kingdom and Paris and in the last year it invoiced 152 million pounds (179.6 million euros).

This article was written and published in Spanish and has been translated into English via Google Translate. Click here to read the original article.

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January 11, 2020

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