Daily Archives: December 22, 2020

Caravan parts firm lands £3.1m investment deal

Business, InvestorBy Alex Hibbard December 22, 2020

A Derbyshire company which supplies parts to the caravan industry has landed a £3.1m cash injection from an alternative finance firm.

Duke Royalty has invested the cash into the MRDB Holdings Limited Group, which trades as Miriad Products in Foston.

Formed in 1977, Miriad is the largest privately-owned recreational vehicle parts wholesale company in the UK.

Duke Royalty invests another £3.1m in Miriad Products

Business, InvestorBy Alex Hibbard December 22, 2020

Alternative capital provider Duke Royalty announced a follow-on investment of £3.1m into its existing royalty partner MRDB Holdings, trading as Miriad Products, on Tuesday.

UK stocks rally at midday after Monday sell-off

InvestorBy Alex Hibbard December 22, 2020

UK stocks bounced on Tuesday after Monday’s sharp losses in reaction to stricter lockdown measures amid rising virus cases related to a new, potential more easily transmitted strain.