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••• Gent Visick completes £5m Sale and Leaseback
     

Acting for Esterform Packaging, a specialist plastic manufacturer, Gent Visick have completed a sale and leaseback of a 100,000 sq ft manufacturing premises on Gelderd Road, Leeds.

The leaseback allows the Tenbury based firm, who acquired Leeds based Pet Plas Packaging in 2005, to invest further in new plant and machinery in order to expand production capacity.

Simon Hartley, Finance Director for Esterform Packaging Ltd said, “Gent Visick presented a clear and workable strategy which they delivered on – we are delighted with this outcome which will allow us to redeploy capital within our business and develop new product lines.”


Esterform Packaging Ltd

Matthew Hopkins from Gent Visick commented “Against a prevailing market sentiment of doom and gloom it is encouraging to secure such a significant deal.  The fact that our client is an expanding UK manufacturer makes this all the more satisfying.”

For further information please contact Matthew Hopkins on 0113 245 6000.

     
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