Hills Numberplates Ltd is the world’s third largest number plate manufacturer and has more than 80 years’ experience providing products to national and international clients including Honda, Fiat, Ford and Toyota. The group currently employs more than 200 staff and produces more than nineteen million plates each year.
The Mezzanine Fund was part of a £10.0m investment in collaboration with NatWest. The Mezzanine fund provided £3.0m of growth capital supporting the continued expansion of the business following its recent acquisition of France’s top registration plate manufacturer.
Richard Taffinder, Managing Director of Hills Numberplates, said:
“We are a business built on excellent customer service and a strong vision and this funding will help us to accelerate our growth. By completing our acquisition of Faab Fabricauto and having the funds to invest in our products, we can now expand our offering for our customers and create a greater international footprint.”