Daily Archives: February 19, 2021

£6.2m MBO at Notts steel fabricator

BusinessBy Alex Hibbard February 19, 2021

Duke Royalty, the provider of alternative capital solutions, has entered into a £6.2m royalty financing agreement with Meteor HoldCo, which trades as Fabrikat (Nottingham) in Sutton-in-Ashfield.

Formed in 1985, Fabrikat is a fabricator of steel products supplying the UK street lighting and guardrail markets.

Duke Royalty enters management buyout funding deal with Fabrikat

Business, InvestorBy Alex Hibbard February 19, 2021

(Sharecast News) – Alternative capital provider Duke Royalty has entered into a £6.2m royalty financing agreement with Meteor HoldCo, it announced on Tuesday, which undertakes business as Fabrikat.

The AIM-traded firm said Fabrikat, formed in 1985 and based in Sutton-in-Ashfield, is a fabricator of steel products supplying the UK street lighting and guardrail markets.