14/05/2019 Andrew

European Valuations Provides Valuation Advice to Assist £12.725m Asset Based Lending Facility

Background

European Valuations’ was engaged by Kent-based Jablite Holdings to advise on the value of it’s plant & equipment and inventory assets as it was seeking increased working capital facilities.

Jablite Holdings Limited is a leading UK manufacturer and supplier of Expanded Polystyrene products. It has two main trading subsidiaries, Jablite, which specialises  in large block mould production for insulation & civil engineering applications, and Styropack, which focuses on shape moulding for products in a wide range of sectors.

Our work involved valuing and appraising assets over 5 company locations in Scotland and England.

Both companies are backed by Mobeus Equity Partners and were successful in obtaining funding from Leumi ABL.

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