Finsa UK has signed a multi-million finance facility with Barclays Corporate that will open up extra funds to support the company medium and long-term development strategy.
Finsa UK financial controller Manuel Castineira said the agreement would strengthen its commitment to all its customers.
The agreement follows the announcement of a 9% growth in the company’s sales during 2011.
“These figures reflect the success of Finsa UK’s introduction of specialised wood-based board and panel products that have been taken up by a wide range of broad spectrum board users as well as specialist and niche areas of the market,” it said.
Finsa UK is the sales, marketing and logistics arm for the multi-national Spanish-based Finsa Group, which operates more than 15 factories.
