Sealprem

Sealprem, a Scunthorpe-based construction sealing solutions company, has secured a seven-figure funding package from HSBC UK to accelerate its growth strategy.

Summary of transaction details:

• Value: Seven-figure funding package
• Sector: Industrials & Energy
• Advisor: Not disclosed
• Key Entities: Sealprem, HSBC UK, Red Coast Industries
• Location: Scunthorpe, UK

Note: The funding package will support Sealprem and its parent company, Red Coast Industries, in pursuing organic growth, merger and acquisition opportunities, and joint venture strategies, driving Sealprem's international growth and development of e-commerce capabilities.