Exception secures refinancing

Posted on 15 Jul 2010 by The Manufacturer

UK electronics contract manufacturer Exception has secured a refinancing package that puts the Wiltshire-based company back on track for growth.

The finance package secures the expansion of new facilities and reduces the debt on the company’s balance sheet by £12.7m. Completed on June 30, the deal was led by chef executive Craig Wright with senior management and was financed by Lloyds Banking Group. Exception is confident about future growth prospects following the refinancing of the…

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