ESG Group has acquired Euroview AG Ltd, backed by a £3.65m funding facility from Arbuthnot Commercial Asset Based Lending. The package includes receivables finance, a plant and machinery loan and a Growth Guarantee Scheme revolving credit facility.
The deal gives ESG Group more capacity, a wider product range and a stronger position in the UK commercial glass market. Euroview makes high-performance insulated glass units, including double and triple glazed sealed units for contractors, architects and developers. Its products are used across commercial projects where technical standards, supply reliability and precision manufacturing are important.
ESG Group already produces specialist glass for commercial interiors and major infrastructure projects. Its products include toughened laminate, ballistic, acoustic, decorative and switchable glass. The company has supplied glass for projects connected with Battersea Power Station, Heathrow Airport, the new Google Building and Goldsmiths.
By adding Euroview, ESG Group can offer a broader UK-made glass solution covering both internal and external requirements. That improves its ability to compete for larger projects and positions the business against bigger European manufacturers. It also gives customers a wider single-source option for commercial glass products.
The funding structure supports both the acquisition and the next stage of growth. Receivables finance can help with working capital, the plant and machinery loan supports operational assets, and the revolving credit facility gives extra flexibility.
Arbuthnot Banking Group PLC (LON:ARBB), operating as Arbuthnot Latham, offers private and commercial banking products and services in the United Kingdom. Established in 1833, Arbuthnot Banking is headquartered in London, United Kingdom.
