LAW firm Hay & Kilner worked with the UK division of a German medical devices company to help find new premises for expansion.
As a result, Pajunk UK Medical Products is relocating to a 5,200sq ft unit on the Newburn Riverside Park in Newcastle and has boosted its staff numbers.
The firm’s parent company Pajunk GmbH makes specialist needles for delivering anaesthesia and pain management and the UK division, which has been based in the North East since 2002, sells and distributes these nationwide.
Richard Freeman-Wallace, property partner at Newcastle law firm Hay & Kilner, conducted the lease negotiations with UK Land Estates on behalf of Pajunk UK. He said: “The time constraints made the transaction challenging however the team stepped up to the mark and made sure that we completed on schedule.”
Pajunk had been located at Prestwick Park, near Newcastle Airport for almost five years after moving from Newcastle Quayside.
This latest move into 4,000sq ft of warehousing has resulted in the recruitment of a new operations manager, a warehouse manager and two additional customer service assistants to complement the existing four regional staff. The company also has eight other staff around the UK.
Stephen Brown, joint managing director of Pajunk UK Medical Products, said: “Our needles are now used by anaesthetists in virtually every hospital anaesthetic room in the country.
“This is not a business which is affected by the overall economic situation and we have grown the business year-on-year since establishing an office in the UK.
“We had been using a distribution outlet in Chesterfield but have now decided to bring this operation in-house.”
He also praised the service provided by Newcastle-based, 26-partner, multi-disciplinary law firm Hay & Kilner.
“We set them deadlines to hit along the way and they hit every single one. We are very pleased with the way they handled the negotiations,” said Mr Freeman-Wallace. “We had to move quickly and the deal was completed in less than 10 weeks.
“They were able to talk us through the whole process and we could rest assured that our interests were being well-served by Richard Freeman-Wallace and the rest of the Hay & Kilner team.”