£6.2m MBO at Notts steel fabricator

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.

Bargain shares for 2021

The idea behind our annual Bargain Shares Portfolio is simple. It’s to invest in companies where the true worth of the assets is not reflected in the share price, usually for some temporary reason, but where we can reasonably expect that it will be in due course.

Duke Royalty Invests Further EUR1 Million In Irish Broker BHPC

Duke Royalty Ltd on Thursday said it has made a follow-on investment of EUR1.1 million into its existing royalty partner, BHPC Ltd, an Irish brokerage.

The financing provider said the investment will provide growth capital to BHPC, which will position the business well for 2021 as Ireland recovers from Covid-19.
Duke’s original investment into BHPC was in August 2019, totalling EUR4.6 million, with the investment announced on Thursday increasing Duke’s invested capital to EUR5.7 million.