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Posted April 9th, 2021 for sambecketts
Xpediator, a leading provider of freight management services across the UK and Central and Eastern Europe.
United Kingdom., April 9, 2021 - /PressReleasePoint/ - Xpediator (AIM: XPD), a leading provider of freight management services across the UK and Central and Eastern Europe, is pleased to announce that the Company has entered into a new £18 million financing facility with Investec Bank Plc.
The transaction consolidates Xpediator’s UK banking facilities, which had become fragmented as a result of recent acquisitions. The company also benefits from an improvement in the overall financing terms.
Altimapa Capital, the London based corporate finance firm that specialises in arranging finance for European mid-market companies, advised Xpediator throughout the process.
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