UK

The fifth annual conference of the UK Factors and Discounters Association was held, with much success, last week on the 4-6 December 2001at the impressive Hotel Arts, Barcelona.

The UK’s exporters are still far from embracing the e-commerce challenge according to the latest research from Bibby Financial Services. A new survey from the company shows that 40% of respondents never use the Internet to sell their goods.

The management team at Goole based Britannia Food Ingredients Limited is celebrating successfully buying the company from its parent Pura Plc.

Lloyds TSB Commercial Finance has backed the management buy-out of Halifax-based Valeo Transmission Limited from the Valeo Group.

The management team at Grafham Holdings Ltd is celebrating the successful management buy-out of Hovat Limited from parent SJP Group and the subsequent acquisition of Ascom Addressing Limited, creating one of the largest producers of labels in the

Burdale Financial Limited, the comprehensive asset based lending specialist, and subsidiary of Wachovia Corporation (formerly First Union Corporation), America's forth largest business group, has provided a Ј25 million financing facility to Sheffi

Lloyds TSB Commercial Finance has recently backed the Ј2 million management buy-out [MBO] of 97-year-old Geddes Packaging, one of the largest independent packaging manufacturers in the UK.

The new management team at Lestercast Ltd is celebrating successfully acquiring the business through a buy-in management buy-out.

The management team at Protim Services Ltd is celebrating successfully buying the business from its parent company Phoenix Timber Group, securing 120 jobs.

The owner of a family business which produces a full range of corporate business gifts and promotional items has described services provided by the Royal Bank of Scotland Commercial Services (RBS Commercial Services) as a “godsend”.