Filtraglass
Falorni Tech Glass Melting Technology

Indigo Products: company expansion on agenda

11 March 1999: Window manufacturer Indigo Products, based in Aldridge, near Birmingham (UK), is planning to expand and create new jobs following the completion of a UK 3 million management buyout led …

11 March 1999: Window manufacturer Indigo Products, based in Aldridge, near Birmingham (UK), is planning to expand and create new jobs following the completion of a UK 3 million management buyout led by managing director Peter Hepwood. The buyout is also supported by the Birmingham office of venture capital company 3i, which reportedly provided UK 1 million for the deal. The company has a UK 7.3 million turnover and a staff of 130. According to a report, the buyout was also funded by Birmingham-based invoice discounter and factoring specialist Euro Sales Finance and the Royal Bank of Scotland, who jointly provided debt of UK 1.25 million. The deal was sealed by Birmingham-based independent corporate finance adviser Invex.

Sign up for free to the glassOnline.com daily newsletter

Subscribe now to our daily newsletter for full coverage of everything you need to know about the world glass industry!

We don't send spam! Read our Privacy Policy for more information.

Share this article
Related news