Housing more than 42,000 pallet spaces, the coldstore will support Rochdale-based Yearsley's existing Midlands depots including Coleshill -- which is at full capacity -- Holmewood and Belle Eau Park.
"We are actively looking to grow our business and we have been looking for an opportunity in the Midlands which would give us greater storage capacity and support the strategic aims of growing our food sales division and servicing a larger retail customer base," Managing Director Harry Yearsley said.
"The location of this cold store could not be better for consolidating stock from around the UK and abroad, and delivering into many of the leading retailers National Distribution Centres," he added.
The cold store purchase follows the group's beginning work on the expansion of its Rochdale headquarters to create a northern "superhub" to meet demand for new contracts, which will increase capacity by a further 40,000 to 80,000 pallets by next year. The group has 12 regional depots and a fleet of more than 300 temperature-controlled vehicles.
