Pemberton loans to German automative industry
Published: 22 July 2016
Pemberton Asset Management provided a €25 million loan to a leading noise–damping and acoustics solutions provider of the German automotive industry. Pemberton worked closely with its local banking partners to provide a long term financing proposal to the company to support various capital expenditure projects such as; building of an additional line of production in the US, building of a greenfield facility in China
and expanding production facilities in Europe. This investment creates new jobs in the company at the sites that are being expanded or newly built and helps secure jobs in the other sites.