Duke Capital Ltd (LON:DUKE), a leading provider of hybrid capital solutions for SME business owners in Europe and North America, has announced a follow-on investment of £3.0 million into its existing capital partner, United Glass Group (UGG). This investment will enable UGG to complete its latest acquisition.
UGG is a progressive and service-orientated group of architectural glass processing companies that has been operating in the UK market since the early 1980s. UGG is currently comprised of three operating subsidiaries; Brownhills Glass Company Limited, Tufwell Glass Limited and London Architectural Glass Limited.
Highlights:
· Duke Capital’s funds will be used to facilitate UGG’s acquisition of Premier Double Glazed Units Limited (Premier), a business with market leading automated manufacturing capability of insulated glass units including triple-glazed.