The eight-figure funding package from the bank will support the Airedale Group’s continued growth strategy, which includes entering new markets and developing new products and services. The business will also be well-positioned to respond quickly to any new opportunities.
The Airedale Group has been supplying, manufacturing and servicing commercial kitchens across the UK for over 30 years. The company acts as a one-stop-shop for buyers, providing integrated design, construction and maintenance. Clients of the Airedale Group currently range from healthcare, education and retail business, to hotels and care home firms.
Rob Bywell, chief executive for The Airedale Group, said: “We’ve worked with HSBC for over five years, and we’re delighted to extend this working relationship. We’ve always embraced an approach of providing the best possible services whilst maintaining real cost savings for the customer. The HSBC funding package will enable us to grow without compromising these core values.”
Tom Sikora, HSBC relationship director for West and South Yorkshire, said: “The Airedale Group are market leaders in their sector and we’re proud to play a key part in their growth. We’re confident our funding can help the business develop and look forward to working with Rob and the team in the future.”
HSBC Bank was advised by Anna Robson at DLA for HSBC. Martin Sweeney at Schofield Sweeney advised for The Airedale Group.