Atlas maps out future with Santander finance

North Devon-based Atlas Packaging has secured a £3.75 million finance package from Santander Corporate & Commercial to support the company's five-year growth plan.

Atlas is one of the largest specialist sheet plants in the country, specialising in corrugated packaging for a number of sectors, including food, furniture, pharmaceutical, cosmetics, mail order and automotive.
 
The company was established in 1983 by the now Chairman Adrian Gamble, and now employs 98 staff at its factory site in Barnstaple. Notable end users include Interflora, B&Q, John Lewis, Sainsbury's, Tesco and Asda.
 
At the end of last year, the business also attended a masterclass with Innocent Drinks, organised by Santander's Breakthrough programme, to learn how Innocent uses marketing and social media and the effective use of supply and sourcing strategies to boost sales and help accelerate growth.
 
Mark Reeve, Commercial Director at Atlas Packaging, said:  "The move to Santander and the finance package they have put together for us will enable us to develop the business in-line with our five-year strategy. We are grateful for the support of the team at Santander, not just in terms of their industry knowledge, but for their enthusiasm for our business plans, demonstrated by the extra support we have received through Santander's Breakthrough programme."
 
Jo Norton, Relationship Director for Santander Corporate & Commercial, said:  "We are delighted to be working with Atlas Packaging and to have provided this latest finance injection. They have a fantastic vision for their company and with their strong management team, and dedicated investment programme, we know they will make every success of this next stage of their venture. We look forward to working with them in the future."