Bulletin

Engineering firm secondary buyout is Deal of the Month

Warwickshire-based manufacturer the Engineering Technology Group's secondary buyout has been chosen as TheBusinessDesk.com's Deal of the Month for June. The buyout was funded by Santander Corporate Banking in Birmingham, including finance from the bank's specialist Growth Capital Fund. ETG supplies machining tools and engineering services to manufacturers in the automotive, aerospace, and other specialist industrial sectors. Turnover at ETG has increased by more than 200% over the last three years to reach £30m. The buyout has seen sales director Martin Doyle acquire a majority shareholding in the business and become group managing director.

 

Note: News bulletin content has been provided by a third-party and is not the opinion of Santander.

Other Articles

GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin
GoJumpIn

The sky is seemingly the limit for a company which has got us all jumping with excitement as they secure a Santander funding deal to make…

Bulletin
Food and drink exporting opportunities in the UAE

Richard Cuda, Director - Strategic Banking Alliances, International, Santander UK says UK food and drink manufacturers should seriously…

Bulletin

According to DIT, of the 2.5 million businesses registered in the UK, an estimated 360,000 who have an exportable product or service…

Bulletin

Where Next?