Barclays has announced it has supported Stockport based APS Group with an undisclosed loan to purchase a new KBA printing press.
This new machine will replace three of the four former printing presses reducing wastage and improving efficiency immensely.
Established in 1961, APS Group is an international marketing communications company with offices in Stockport, London Edinburgh, Eindhoven, Malmö, Paris and Portland, employing over 600 people.
The Barclays deal team was led by Relationship Director Steve Berry, and Sarah Pickering, Asset Finance Director.
Nick Snelson, APS Managing Director pictured left said:
“Our business has delivered significant growth in revenue and profit over recent years on the back of strong organic growth and selective acquisitions. We have been very impressed with the holistic approach from Barclays, their appetite to do business in the current financial climate, and their support is an endorsement of our strategy and illustrates both the strength of our balance sheet and the quality of our asset base.”
Steve Berry, Relationship Director for Corporate Banking at Barclays in Manchester added,
“APS Group is a long standing customer of Barclays and our continued support demonstrates our confidence in the business model and the strong management team. This transaction is key to them providing a better service for their existing clients as well as an opportunity to generate new business.
“Our substantial knowledge of the sector and our ability to provide our client with bespoke finance solutions ensures we are well placed to support them with their growth ambitions.”