Robinson PLC Acquisition Funding Update (5992Q)
March 01 2021 - 1:00AM
UK Regulatory
TIDMRBN
RNS Number : 5992Q
Robinson PLC
01 March 2021
Robinson plc
("Robinson", the "Company" or the "Group")
1 March 2021
Acquisition Funding Update
Further to the announcement made by Robinson on 11 February
2021, the Company is pleased to announce that the Group has now
agreed new facilities of in total GBP12m with HSBC UK Bank. In
respect of the newly acquired Danish subsidiary, Schela Plast A/S's
borrowings remain with Danish lenders.
For further information, please contact:
Robinson plc www.robinsonpackaging.com
Helene Roberts, CEO Tel: 01246 389280
Mike Cusick, Finance Director
finnCap Limited
Ed Frisby / Giles Rolls, Corporate Tel: 020 7220 0500
Finance
Tim Redfern / Barney Hayward, ECM
About Robinson:
Being a purpose-led business, Robinson specialises in custom
packaging with technical and value-added solutions for food and
consumer product hygiene, safety, protection, and convenience;
going above and beyond to create a sustainable future for our
people and our planet. Its main activity is in injection and blow
moulded plastic packaging and rigid paperboard luxury packaging,
operating within the food and beverage, homecare, personal care and
beauty, and luxury gift sectors. Robinson provides products and
services to major players in the fast-moving consumer goods market
including McBride, Procter & Gamble, Reckitt Benckiser, SC
Johnson and Unilever.
Headquartered in Chesterfield, UK, Robinson has 3 plants in the
UK, 2 in Poland and recently acquired a plant in Denmark, Schela
Plast. Schela Plast specialises in the design and manufacture of
plastic blow moulded containers, serving a number of the major FMCG
brands in Denmark and neighbouring countries.
Robinson was formerly a family business with its origins dating
back 180 years, currently employing nearly 400 people. The Group
also has a substantial property portfolio with development
potential.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
FURPPUPPPUPGGUR
(END) Dow Jones Newswires
March 01, 2021 02:00 ET (07:00 GMT)
Robinson (LSE:RBN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Robinson (LSE:RBN)
Historical Stock Chart
From Jul 2023 to Jul 2024