Zenith Hygiene Group, the UK’s largest independent manufacturer of cleaning and hygiene chemicals, announces today that it has secured a £13.9m banking facility from Santander Corporate & Commercial.
The new £13.9m funding package provides Zenith Hygiene with long-term banking facility to support the growth of the business in the UK and internationally. For two decades, Zenith has been a major supplier to a number of care homes, hospitals, food producers, hotel, bar and pub, and national restaurant chains. The Company has grown rapidly, delivering positive growth in revenues over the last few years and significantly outperforming its sector peers. As a result of this, Zenith was named one of the ‘1,000 Companies to Inspire Britain’ in the third edition of a report put out by the London Stock Exchange in February 2016. The Company has more than 3,200 customers and has a presence at more than 17,500 sites across the UK, including the Houses of Parliament.
Ringo Francis, CEO of Zenith Hygiene Group, said: “This new funding package demonstrates confidence in Zenith as a ‘growth business’ and allows us to have the right facilities in place for our future development. Our commitment to quality in the products and services that we deliver has been key to our success to date. The last 12 months have been particularly exciting with Zenith launching export activities in Europe, Africa and the Middle East, and expanding domestically, as highlighted by our recent acquisition of Rose Hygiene Products. We have also had a number of new contract wins. Our strong growth combined with our new banking facility gives us confidence we will continue to drive the business forward in 2016.”
Martyn Dawson, Relationship Director, Santander Corporate & Commercial said: “Zenith is an excellent example of a British business which has become very successful while operating in a competitive market. The business has a clear growth strategy and ambitious management team which is reflected by the expansion of its geographical reach, acquisition strategy and offering to customers. We are excited to see what’s next in store for Zenith.”
For more details on the ‘1,000 Companies to Inspire Britain’, please click here.
The information contained in this press release is intended solely for journalists and should not be used by consumers to make financial decisions.
Notes to editors
For Zenith Hygiene media enquiries, please contact:
Clotilde Gros/Madeleine Palmstierna/Ian Schofield Zenith@newgatecomms.com or 0207 680 6550
For Santander Corporate & Commercial media enquiries, please contact:
Bijal Tanna 020 7756 4189 Mobile: 07860 259 217
Leonora Burtenshaw 020 7756 4543 Mobile: 07701 004 107
The Santander Corporate & Commercial press office operates from 8.00am to 6.00pm. Outside of these hours please call 0800 5877708.
About Zenith Hygiene Group:
Zenith Hygiene Group is the UK’s largest independent manufacturer of cleaning and hygiene chemicals. For two decades, Zenith has been a trusted supplier to a number of renowned hotel, bar and pub groups and national restaurant chains. All products are manufactured in accordance to ISO standards: ISO9001; ISO14001; ISO18001.
Zenith offers a wide range of cleaning and hygiene solutions dedicated to a number of sector services.
The Group has over 3,200 customers operating in more than 17,500 sites across the UK. From independent owner-managed businesses, to large national operators, their customers cover a number of business sectors; food and beverage manufacturing, healthcare, hospitality, leisure and facilities management. Clients include JD Wetherspoon, Nando’s, HC One Care Homes, Arora Hotels and Amey plc.
Zenith’s vision is simple; to provide quality UK manufactured products and cleaning solutions to their customers, ‘Because Hygiene Matters’.
For more information please visit: www.zhgplc.com