Arbuthnot Commercial Asset Based Lending (ACABL) has successfully completed a £2m funding package to support Ashbrook Holdings Limited (Ashbrook Group) in acquiring Webb Injection Moulders Limited. This marks a crucial milestone in Ashbrook Group’s buy-and-build strategy, reinforcing its position in the specialised manufacturing sector.
The structured funding solution comprises a confidential invoice discounting line and a Growth Guarantee Scheme (GGS) loan facility for Webb Injection Moulders Limited, alongside an additional Confidential Invoice Discounting facility for Cranfield Solutions Limited, a company already within the Ashbrook Group portfolio. This tailored financial package not only facilitated the acquisition but also provides a strong foundation for further expansion.
Webb Injection Moulders, headquartered in Biggleswade, is a well-established provider of high-quality plastic and rubber injection moulded components. The company serves diverse industries, including the automotive sector, and offers a full turnkey manufacturing service, from design consultation to warehousing and just-in-time delivery using its own vehicle fleet.
Cranfield Solutions, based in Milton Keynes and founded in 2003, brings extensive expertise in handling high-performance technical materials. Its services encompass mould proving, process optimisation, and toolmaking. The group remains committed to fostering a family business ethos, ensuring employees feel valued and integral to its success.
Leon Edwards, Executive Chairman of Ashbrook Holdings Limited, expressed his enthusiasm for the partnership, highlighting ACABL’s proactive and solution-driven approach. He emphasised that Ashbrook Group seeks to build a network of complementary businesses across various sectors, leveraging shared expertise. Edwards noted that ACABL’s open and transparent communication played a key role in making the deal happen efficiently.
Richard Kindell, Managing Director of Ashbrook Holdings Limited, echoed these sentiments, praising the swift decision-making process at ACABL. He pointed out that having a dedicated point of contact rather than a centralised system enabled a seamless transaction, even when technical challenges arose.
Andrew Rutherford, Commercial Director at ACABL, affirmed the firm’s commitment to supporting Ashbrook Group’s growth ambitions. He noted that the acquisition aligns two complementary businesses within the precision moulding sector, unlocking operational synergies and future expansion opportunities. The successful completion of the transaction on Christmas Eve underscores ACABL’s dedication to delivering results with speed and certainty.
Ashbrook Holdings Limited continues to drive its strategic expansion, solidifying its foothold in injection moulding while exploring adjacent sectors such as joinery and metal fabrication. With ACABL as a trusted financial partner, the group is well-positioned for sustained growth and further acquisitions.
Arbuthnot Banking Group PLC (LON:ARBB), trading as Arbuthnot Latham, provides private and commercial banking products and services in the United Kingdom. Founded in 1833, Arbuthnot Banking is based in London, United Kingdom.
