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The business was acquired by a consortium of private investors and the purchase was assisted by a funding package from Yorkshire Bank, which included senior debt finance and working capital facilities.
Reece Safety Products Ltd, based in Delph, Lancashire, specialises in providing lockout/tagout (LOTO) equipment and related products. LOTO equipment helps to prevent industrial accidents by ensuring that potentially hazardous electrical machinery and valves remain disabled during repair or service work.
Established in 2002 by Jason Reece, the company’s customers include a number of blue-chip household names both in the UK and overseas.
Reece Safety Products’ new management team includes Roz Carr, operations director and Andrew Graham joins the company as managing director. Jason Reece will remain involved in the business.
Andrew Graham said: “Reece Safety Products has built an excellent reputation and wide client base since it was founded 11 years ago."
“We’re pleased that Yorkshire Bank understands our needs and supports our growth aspirations.”
We’re pleased that Yorkshire Bank understands our needs and supports our growth aspirations.Andrew Graham, Reece Safety Products
Your digital services have had a Virgin Money makeover. Make the move today by using the new Virgin Money internet banking service.
There are no changes to your account information or login details, the only difference is that you can now sign in to the new Virgin Money internet banking service as well. For now you can still log on through Clydesdale Bank if you’d prefer.
Here's to a life more Virgin.Continue to Clydesdale Bank Internet Banking as normal
Your digital services have had a Virgin Money makeover.
There are no changes to your account information or login details, and you'll recognise the layout of the system once you click through. The only difference is that you will now sign in with the new Virgin Money Business Internet Banking service.
Here's to a life more Virgin.Continue to Virgin Money Business Internet Banking