Tanfield takes loan ahead of Snorkel sale

Euan Youdale

10 September 2013

Tanfield Group has secured a loan from directors as the sale of Snorkel, its aerial work platforms business, continues.

The UK£500000 loan from two of the company’s directors will bolster its working capital, while the company seeks to conserve cash through the sale period.

In a statement issued today, Tanfield…

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