Castle View International, the service group now venturing into online auctions, has agreed a £10 million funding package with Barclays to drive growth and complete a family buyout.
Martin Bell, who last year took over at the helm of the group founded in 1964 by his late father Frank, said a financial restructuring had been needed to complete the transition.
"We needed a bank to provide a new facility to allow a family MBO to be concluded," he said.
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