Venture Structured Finance (VSF), part of
Venture Finance group, has won a deal to provide an undisclosed
amount of finance for InterFlex Scotland, part of Interflex Group,
to acquire EBR Ltd, a flexographic printing company.
Interflex Group has provided the UK food
industry with packing products for over 100 years. It also supplies
prints and converts film and paper primarily for the bakery,
poultry and meat sectors.
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The company already benefited from VFS’
invoice discounting, plant and machinery and property loans
products but the new provision allowed InterFlex to expand its
revolving finance facilities and increase its ongoing working
capital.
Bill Elkin, InterFlex’s CEO explained that the
combined entity will trade as InterFlex Group and operate from
factories in Dalkeith and Sunderland.
