South Wales Paper straw maker for customers including McDonald’s, KFC and Starbucks, has secured a new multi-million-pound funding boost support its growth plans.
The £6m facility for Ystrad Mynach-based Transcend Packaging, from alternative lender Growth Lending, will provide the business with the working capital to expand internationally into new markets and reach new global brands.
It will also support the firm’s continuous investment into innovation and product development to remain a leading disrupter in the global packaging market.