Development Bank of Wales exit from Freight Logistics Solutions
Summary by Business-live.co.uk
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Development Bank completes successful exit of Torfaen-based FLS
The Development Bank of Wales has successfully exited Torfaen-based Freight Logistics Solutions (FLS) just four-years after making a strategic investment of £2.2 million to help the company to become one of the UK’s leading providers of end-to-end supply chain solutions. The exit comes as a result of FLS taking the opportunity to refinance the business with NatWest in preparation for further growth. The value of the return for the Development Ba…
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