• New deal
  • 10 March 2018

CORDET has provided a loan to Lowe Rental Limited

CORDET has provided a loan to Lowe Rental Limited (“Lowe”), a portfolio company of Perwyn LLP.

CORDET has provided a loan to Lowe Rental Limited (“Lowe”), a portfolio company of Perwyn LLP. The purpose of the financing package is to support the acquisition of a majority stake in Lowe, refinance existing debt within Lowe and to provide growth capital.

Founded in 1977, with its base in Lisburn, Northern Ireland, Lowe is the world’s leading dedicated temporary refrigeration service business with a strong market reputation for the provision of high quality asset rental to long standing customers including major events, such as Wimbledon and the Masters, large scale food & beverage exhibitions and retailers.