Terry Smith, group finance director at 119-year-old firm, said: вЂњThis extensive facility provides us with the flexibility to invest in our business over the coming years. Despite challenging market conditions, we remain well capitalised, and as such we are delighted to be in a position to pursue growth plans.
"As a result of our 40-plus year relationship, HSBC understands our business and our ambitions, and has the unrivalled credentials to support our aspirations. We appreciate their ongoing support.вЂќ
David Gregson, HSBC senior corporate banking manager for Yorkshire & North East, said: вЂњHSBC is delighted to be able to provide further support to our long standing customer.
"The facilities вЂ“ which recognise the groupвЂ™s financial strength and standing - will allow the management team to pursue their business plans from a sound base and enable them to capitalise on opportunities across their diverse operations.вЂќ
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