The management team at Goole based Britannia Food Ingredients Limited is celebrating successfully buying the company from its parent Pura Plc. The management buy-out (MBO) team turned to Nick Robson and Peter Scaife at the Leeds office of Lloyds TSB Commercial Finance Limited to help finance the Ј3.5 million deal via invoice discounting, stock and plant and machinery funding.
Britannia Food Ingredients Limited is a producer of speciality oils and fats for the chocolate, confectionery, biscuits and snacks industries.
