Case Study

IGF celebrates 60 years of Hanson Springs

Hanson Springs

Celebrating 60 years in business is a remarkable achievement. Hanson Springs, a family-owned company founded in 1963, has not only reached this significant milestone but has thrived throughout its journey.

To mark the occasion, Louise Lee, Relationship Director at IGF, and Richard Spielbichler, IGFs ABL Director in the North of England, recently visited Hanson Springs to extend our congratulations on their remarkable 60 years in business.

The company’s diamond anniversary also coincides with their one-year partnership with IGF. Malcolm Hanson, CEO of Hanson Springs, shares his reasons for choosing IGF as its funding partner; “We were looking for a financial partner that understands our vision for the next 20-year journey of our business. Our collaborative relationship with IGF gives us access to the flexible funding we’ll need to pursue our ambitious growth strategy over the long term.”

Hanson Springs is one of the world’s leading specialist spring manufacturers. It’s product range includes springs for safety relief valves, actuators, control valves, ball valves, and pipe supports.

Looking ahead, Malcolm sees a future built on the same principles that have guided the company for six decades, “providing top-quality products and services to the world’s leading companies.” 

The collaborative partnership with Hanson Springs is a unique feature of the IGF process. Based on a shared vision of expansion into new markets, product development, and long-term sustainability, we’re providing the flexibility and certainty of funding that will grow with the business through increasing demand and expansion into new markets.

Richard Spielbichler, IGF’s ABL Director in Northern England, shared his insight: “I’ve known Hanson for a few years, always admiring the strength of the business and its close-knit family orientation. Being a local business in the Northwest, it held a special place in my professional radar. Working with Hanson has been a gratifying journey, and we are immensely pleased with our collaboration.

With many employees having served over 40 years, Hanson Springs is committed to retaining and expanding its dedicated workforce. With generations of the Hanson family involved in the business and its partnership with IGF, continuity, growth, and success are virtually assured.

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