£75m finance package for private equity-backed glass manufacturer
Manufacturer Allied Glass, which is backed by private equity firm CBPE Capital, has secured a £75m debt package from Investec to support its growth plans, underpinned by strong demand in the global whisky and gin markets.
The Wakefield-based specialist manufacturer and distributor of glass bottles and containers to the premium spirits and food and beverage sector produces 600m bottles a year across 450 product lines.
Investec put together a bespoke debt structure comprising a mix of asset-based and cashflow lending to support t... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
