Work has already started on the firm’s new bespoke, high-spec chilled warehouse and storage facility at the site located just off junction 29A of the M1.

Gist manages the supply chains for perishable and chilled products for a wide range of customers in the commercial and industrial sector.

The company has 5,000 employees based at more than 40 sites throughout the UK and Europe.

Alan Devine, Managing Director, Network Businesses, said:

“We are happy to be working with Derbyshire County Council and Henry Boot on the development of this important new extension to our national food logistics network, on time and on budget.

“Our new centre will significantly increase our ability to bring great service to our customers.”

The firm’s 90,760 sq.ft warehouse and storage facility is set to be completed by September 2017.

Gist will be the third business to join Ferdinand Bilstein UK and Great Bear Distribution on Markham Vale North.

Derbyshire County Council Cabinet Member for Economic Development and Regeneration, Councillor Tony King said:

“Gist will be another fantastic addition to Markham Vale.

“The firm’s decision to invest in Derbyshire shows its confidence in the county as a great place to base and grow a business and we’re delighted to hear that they’ll be creating 200 new jobs at the site too.

“Markham’s great location and transport links to the M1 make it a perfect fit for the supply chain specialists and it’s a real boost to Derbyshire’s business community.”

Building work will be carried out by Henry Boot Developments.

Vivienne Clements, Director at Henry Boot Developments, said:

“We are delighted to announce that a deal has been agreed on Markham Vale North, following swiftly on from completion of the Ferdinand Bilstein UK unit.

“Gist is a key player in the supply chain industry, and with the excellent transport routes and access to the M1 from Markham Vale, the new facility will become a key logistics hub for the firm.

“At Markham Vale, land is available in plots up to 15.6 acres, and with the link access road connecting the North land to the M1, we have seen huge interest for space on the land. We are confident there are more exciting announcements to come in 2017 at our flagship logistics park.”