£60m refinancing supports growth of pharmaceuticals business

A Doncaster-based pharmaceuticals company has secured a £60m refinancing package to help support its growth plans. Converse Pharma Group, a wholesale distributor of pharmaceutical products, has been backed by the new funding line from RBS Invoice Finance and Secure Trust Bank. Converse Pharma - formed in 2013 through the management buy-out (MBO) of three businesses - operates DE Pharmaceuticals, Doncaster Pharmaceutical Group and Eurodrug, which collectively have 12 sites across the UK serving over 5,500 customers. The business... 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...
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