Lombard supplies finance to packaging company

A Burnley-based food packaging company has secured £1.25 million
(€1.52 million) of financing from Lombard for a new printing
press.

Learoyd Packaging sought asset finance from the RBS subsidiary
to fund a new Windmoller & Holscher press, the third new press
it has invested in over the last five years.

Flexibles firm Learoyd Packaging is looking to expand further
after investing more than £1.75m in a new Windmoller & Holscher
press.

Managing director Allan Ferguson said: “As the business expands
it is critical that we continue to provide customers with the
product and service that they are used to.

“We have made significant investment in the last few years and are
confident that this will support future business growth.”

Food producers Cadbury, Muller and Warburtons are among Learoyd’s
clients.

Claire Hack

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