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Birmingham Post
Birmingham Post
Business
Sion Barry

Leekes Group secures new multi-million-pound bank funding facility to support expansion plans

Family-owned Leekes Retail & Leisure Group has secured a a new multi-million-pound bank facility to back its expansion plans.

The funding, evenly split between HSBC and Barclays, is earmarked to back the fourth-generation family business’ divisions: Leekes Retail, the Vale Resort, Hensol Castle Distillery, and its property arm.

The value of the finance has not been disclosed, but the group previously struck a near £30m funding facility with Lloyds and Barclays back in 2015.

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