Wetherby-based Encon started trading in Halifax in 1981 as a distributor of insulation products. It now has branches in 24 locations across the UK, employs more than 500 people and has an annual turnover of 拢200m.
In 2011, the business underwent a management buyout, led by the current chief executive, Stuart Moore, and financed by Lloyds Bank.
Mr Moore said: 鈥淭his funding transaction provides Encon with a stable financing base committed for the next five years and incorporates facilities both ample and flexible to provide for future growth and further enhancement of customer services. I am pleased to be extending our existing relationship with Lloyds Bank Commercial Finance and to be entering into a new association with Farallon Capital Europe.鈥�
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