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CBS Packaging secures expansion funding

Sterling Cash, CBS Packaging Secures Expansion - SantanderCB

West Bromwich-based CBS Packaging Group is poised for major expansion after securing a funding deal. The firm, one of Britain's leading designers and manufacturers of corrugated cardboard packaging, is set to purchase a new site in Benfleet, Essex, following £1.75m in funding from Santander Corporate & Commercial. The move will significantly expand production, as well as help the business to increase the number of sales and customer services staff. Overall, CBS now employs some 225 people across the UK. Managing director Jitha Singh explained: 'This site purchase will enable us to increase capacity, further maximise efficiencies and give us headroom to continue to grow the business at the rate seen in recent years.'

 

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