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Daily Archives: January 5, 2021

Investment boost for UK caravan industry wholesaler

Business, InvestorBy Alex HibbardJanuary 5, 2021

British caravan and RV parts wholesale company Miriad Products (MRDB Holdings Limited Group) has received a significant follow-on investment from its long-term capital partner Duke Royalty Limited. The funds will allow Miriad to buyout and cancel all of its subordinated vendor loan notes (VLNs) and will see Duke increase its equity interest in Miriad up to 30 per cent.

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Duke Royalty Limited is registered with the Guernsey Financial Services Commission as a Non-Regulated Financial Services Business to carry out Lending.

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