Styles & Wood agrees new banking facility with Santander
AIM-listed integrated property services and project delivery firm Styles & Wood said it had entered into new banking facilities with Santander.
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The two-and-a-half year facility comprises £5m in revolving credit to be used for working capital purposes to support the growth of the group following the acquisitions of Keysource Limited in September 2016 and The GDM Group in January 2017, the company said.
The facility can also be utilised to finance further acquisitions.