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Bridgnorth Aluminium agrees 62m deal to fund expansion

6th June 2014

From left: Sam Owen, Lloyds Bank, Simon Macvicker, Bridgnorth Aluminium, Murray Stewart, Mark Lewis and Fiona McLachlan, Lloyds Bank, Mark Richards, Bridgnorth Aluminium, and Oliver Morris, Lloyds Bank

From left: Sam Owen, Lloyds Bank, Simon Macvicker, Bridgnorth Aluminium, Murray Stewart, Mark Lewis and Fiona McLachlan, Lloyds Bank, Mark Richards, Bridgnorth Aluminium, and Oliver Morris, Lloyds Bank

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 (Large) category of this ......for the full story register now for free or login below...

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