Sertec secures £20m funding package from BGF and Lloyds Bank

Posted on 22 Feb 2016 by Jonny Williamson

One of the UK’s largest independent manufacturers of stampings and welded assemblies, Sertec Group Holdings Ltd. has secured a £20m funding package from Business Growth Fund and Lloyds Bank Commercial Banking to support its continuing expansion plans.

The Coleshill-headquartered manufacturer is a key supplier partner to Jaguar Land Rover among others, producing more than 3 million parts a week from aluminium and steel across its five operating sites in Birmingham. The business has enjoyed significant growth over the past eight years, with sales rising from £40m in 2008 to close to £200m…

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