A Gilligan (Coatings) Ltd was founded over 100 years ago and was among the first to carry out chrome plating in the UK. The business is owned and operated by Alan Gilligan, with his sons now working alongside him. Based at its current site in the heart of Birmingham since 1989, the firm counts the likes of British Gas, Siemens, Black & Decker, Mitsui, Ford and Jaguar Land Rover as key clients.
The funding from Santander Corporate & Commercial will assist in the purchase of land adjacent to the current site. The company will construct a new factory unit on this site – with completion planned for December 2015 – and invest in new equipment to handle increasing demand. The expansion is likely to lead to a significant number of new jobs.
Alan Gilligan, Managing Director, A Gilligan (Coatings) Ltd, said: “Ours is truly a family business, with its base in the home of manufacturing since the industrial revolution. The acquisition of this land feels like a natural next step for us and the additional space will allow us to deal with strong and increasing demand. I am excited for this next stage and feel that it will see us continue serving customers for another 100 years.”
Michael Durkin, Relationship Director, Santander Corporate & Commercial, said: “A Gilligan (Coatings) Ltd is a very well managed business, led by an experienced Managing Director who takes a very hands on approach and has excellent commercial judgement. The history of this business is testament to the family’s ability to adapt and expand as needed and we are confident the new purchase will provide plenty of room for growth and give the business scope to expand further.”
The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.
Notes to editors
For A Gilligan (Coatings) Ltd media enquiries, please contact Alan Gilligan – firstname.lastname@example.org / 0121 766 7666
For Santander Corporate & Commercial media enquiries, please contact:
Bijal Tanna: 020 7756 4189 Mobile: 07860 259 217
Andy Smith: 020 7756 4212 Mobile: 07824 473 338
When you’re an established business, recruiting top talent in all the areas you need can seem like a never-ending challenge.
If you’re a start-up or small business, how can you put together an attractive employee package to appeal to top talent – graduate and…
More than one million incidents of financial fraud occurred in the first six months of 2016, according to official figures released by…
Santander’s Head of SME International Mark Collings discusses why exporting to new global markets may provide businesses with new and…