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Aluminium Shapes Limited and Windmill Extrusions Limited
“It’s rare to come across a funder willing and able to support a niche UK manufacturing business at the current time.” Such is the view of Martin Cooke, Finance Director of Domes of Silence Group Limited.
In a deal completed in July 2009 Leumi ABL provided a £2.95m funding facility to two of the Group’s subsidiaries: Aluminium Shapes Limited, the UK’s leading independent aluminium extruder and fabricator, and Windmill Extrusions Limited, formed in 1982 to fulfil the growth opportunities within the ever expanding plastic extrusion market. he businesses needed an additional credit facility that their existing provider failed to deliver as credit terms continued to be squeezed. The deal with Leumi ABL comprised a £2.75m CID facility and a £200k stock line to assist further growth plans.
Commenting on the deal, Martin says: “Kai Hunter and everyone else we met at Leumi ABL were first rate. They did exactly what they said they would, took a very professional approach and completed the deal quickly and efficiently. We also met Phil Woodward, Leumi ABL’s MD, early on in the negotiations and they really took time to understand the background to our business and explain their own service ethos. We’re looking at an acquisition opportunity and feel confident that we can rely on Leumi ABL for support.”
This is one of a number of structured ABL deals completed recently by Leumi ABL. We support growing businesses with funding requirements in the £1m to £10m range, and for the right type of deal up to £25m is available.
Our approach to developing client relationships, understanding their business model and funding issues right from day one, means we can work quickly to structure the optimum deal for your clients.
“It’s rare to come across a funder willing and able to support a niche UK manufacturing business at the current time.” Such is the view of Martin Cooke, Finance Director of Domes of Silence Group Limited.
In a deal completed in July 2009 Leumi ABL provided a £2.95m funding facility to two of the Group’s subsidiaries: Aluminium Shapes Limited, the UK’s leading independent aluminium extruder and fabricator, and Windmill Extrusions Limited, formed in 1982 to fulfil the growth opportunities within the ever expanding plastic extrusion market. he businesses needed an additional credit facility that their existing provider failed to deliver as credit terms continued to be squeezed. The deal with Leumi ABL comprised a £2.75m CID facility and a £200k stock line to assist further growth plans.
Commenting on the deal, Martin says: “Kai Hunter and everyone else we met at Leumi ABL were first rate. They did exactly what they said they would, took a very professional approach and completed the deal quickly and efficiently. We also met Phil Woodward, Leumi ABL’s MD, early on in the negotiations and they really took time to understand the background to our business and explain their own service ethos. We’re looking at an acquisition opportunity and feel confident that we can rely on Leumi ABL for support.”
This is one of a number of structured ABL deals completed recently by Leumi ABL. We support growing businesses with funding requirements in the £1m to £10m range, and for the right type of deal up to £25m is available.
Our approach to developing client relationships, understanding their business model and funding issues right from day one, means we can work quickly to structure the optimum deal for your clients.
