The buyout of North East Sheets and Panels (NESP), based in Derwentside, was completed by Richard and Lisa Williams. The pair secured investments of £200,000, made up of £50,000 in equity and a £150,000 unsecured loan, from UK Steel Enterprise, the Tata Steel business support subsidiary, and £400,000 from IGF (Independent Growth Finance).

https://www.insidermedia.com/insider/northeast/manufacturing-firm-acquired-in-mbo?utm_source=northeast_newsletter&utm_campaign=northeast_news_tracker&utm_medium=top_story_article