Bridgnorth Aluminium agrees £62m deal to fund expansion

A SHROPSHIRE specialist manufacturer has secured a £62m funding deal to ensure its continued expansion.

Bridgnorth Aluminium, which produces aluminium coils for the food, pharmaceutical and printing industries, has agreed the financial package from the Birmingham office of Lloyds Bank.

The deal encompasses a £45m asset-based lending facility from Lloyds Bank Commercial Finance and £17m of term funding from Lloyds Bank Commercial Banking.

The company, a shortlisted finalist in the Exporter (Larg... For the full story register now for free or login below...