Moulding firm gets multi-million pound injection from Yorkshire Bank

A specialist injection moulding and assembly business has secured a multi-million pound package from Yorkshire Bank to grow its business.

Cameron-Price Limited has secured funds to support its growth strategy, which includes a secondary management buyout.

The funding, which was assisted has also enabled the company’s finance director Lewis Pepall and operations director Russel Watts to acquire equity in the Birmingham-based business, alongside managing director Barry Moor.

Managing director Barry Moor commented: “Having completed a management buyout in 2015 with the support of Yorkshire Bank and Dains LLP, they were the partners of choice to support the next phase of development within the business. Their continued support and understanding of our company that developed over the past 4 years was invaluable.”

“We are very excited about the future, as we have excellent opportunities and a world class manufacturing facility.

“We will continue to expand and grow in new sectors in order to capitalise on the significant opportunities we see ahead.”

The Yorkshire Bank team was led by Midlands-based senior directors Ian Fairclough and James Oliver. Ian commented: “Since the 2015 MBO the company has traded strongly, generating significant cash flows and paying down much of the previous debt.

“The business has a fantastic reputation in the UK and across Europe for delivering quality injection moulding solutions.”

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