LONDON, March 11 -- The government of the United Kingdom issued the following news:
* Delta Global Source secures export finance to grow into Australia, creating new opportunities for the luxury sustainable packaging sector
* The deal underlines UKEF's commitment to supporting innovative regional businesses competing on the world stage
UK Export Finance (UKEF), the government's export credit agency,has supported Leicester-based Delta Global Source with guaranteed funding, backing the company's ambitions to grow its international presence and strengthen its position as a world-class sustainable packaging manufacturer.
Based inthe village ofWhetstone, Delta Global Source specialises in manufacturing luxury sustainable packaging for some of the world's most prestigious brands, including Fortnum & Mason, Net-A-Porterand ARNE.Thenewfunding,secured throughUKEF'sGeneralExportFacilityand underwritten by Santander,hasenabledthe company to expand intotheAustralian market,strengthening the UK's position as a global leader in sustainable design and premium manufacturing.
Established in 2007,Delta Global Sourcehas quickly become a market leaderwith their primary focus on drivingsustainablyproducedluxury products. Although alreadya notable namein the internationalscene, with the help of UKEF's financing, they wereable toacceleratetheir growthfurther and faster in theever-growingluxury fashion and beauty marketofAustralia.
Mark Lynam, Export Finance Manager, said:
UKEF is delighted to help Delta Global Sourcein achieving their international growth ambitions. We encourage SMEs to compete for and win overseascontracts, andwork closely with lenders such as Santander tofacilitatethevital funding which is needed to fulfil these orders. This is yet another example of the impact that UKEF makes to support local jobs and bring prosperity to our communities across the UK.
Robert Lockyer, Founder and CEO of Delta GlobalSource, said:
We have seen our client base in Australia increase significantly over the past two years, reflecting the strength and ambition of the region's luxury fashion and beauty sector. Australian brands are design-led, globally aware and deeply committed to sustainability-values that strongly align with our own.
As sustainability reporting requirements such as ASRS come into effect and Extended Producer Responsibility continues to evolve, brands are looking for partners who can deliver both creative excellence and measurable environmental performance.
We are proud to be working with leading names such as Zimmermann, Aje, MECCA Cosmetics and Lee Mathews, helping them elevate their packaging while achieving meaningful progress against their sustainability goals. With the support of UKEF, we can accelerate this growth and further strengthen our presence in the Australian market.
Stephen Phillips, Relationship Director at Santander Corporate and Commercial Banking, said:
We are pleased to have provided this facility to Delta Global Source to support its international expansion. The funding will strengthen the firm's working capital position and enable further growth in overseas markets. We look forward to continuing working with the teams both at Delta Global Source and UK Export Finance to help this ambitious UK business scale globally.
As a UK-founded supplier, Delta Global Source's international growthalso directly supports regional employment, skills development and export performance,and reinforces the UK'sreputation for innovation in sustainable luxury packaging.
This deal is the latest example of UKEF's commitment to supporting businesses across every region of the UK, ensuring that no matter the size, world-class companies can access the financial tools they need to compete on a global stage.
Contact
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Disclaimer: Curated by HT Syndication.