Thursday, April 18, 2024
BusinessScottish horticultural wholesaler secures million-pound funding package

Scottish horticultural wholesaler secures million-pound funding package

A horticultural grower has been provided with a £1.6 million funding package from Royal Bank of Scotland and Lombard.

Craigmarloch Nurseries, who have customers across the UK and Europe, will use the funding to expand its purpose-built five-acre site to increase its offering.

Around 20 new jobs are expected to be created as a result of the expansion of the Kilsyth based supplier.

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As well as using the funding to expand operational premises, £213,000 provided by Lombard has been earmarked for IT upgrades as the company recognises the importance of consistently improving technology across the business.

Kenny Wilson, director at Craigmarloch Nurseries, said: “This is a really exciting time for the business as we can now progress a significant expansion of our Kilsyth HQ which will enable us to match increased customer demand.

“This growth aligns with our wider business strategy and has been enabled by the funding boost from Royal Bank of Scotland and Lombard.

“We’re really grateful for the excellent customer service the teams have provided throughout the transactions.”

Ross Mitchell, senior relationship manager at Lombard, added: “We’re proud to have supported this fantastic company as it takes the next step in amplifying its business offering, and we look forward to seeing it go from strength to strength.”

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