Summary
BROWNS Food Group, the family-run processor of chilled and frozen meat products based in Dumfriesshire, is embarking on an expansion plan south of the Border after securing finance from Lloyds Banking Group.
The new deal, secured from the bank's corporate markets team, boosts the group's overall funding package by GBP4.5 million, including an extension of Browns' working capital facilities and a new term loan to assist with the purchase of a cold store unit at the Port of Tilbury in Essex.See the full content of this document
Extract
Browns to Expand Following Loan Deal
Browns has a cold store unit in Dumfriesshire, but the continued growt...
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