Bon Bon Buddies secures financing
The Bon Bon Buddies Group has secured a €23 million refinancing package with HSBC as it looks to increase its international sales.
The business has moved its debt and working capital facilities to HSBC. The bank will provide support for Bon Bon Buddies’ international sales growth plans for the next three years.
Bon Bon Buddies finance director Tim Carr says, “The new facilities with HSBC provide Bon Bon Buddies with the increased financial strength needed to support our continued European growth, to accelerate our planned seasonal and everyday product range extensions and to increase our ability to compete for and secure the best licences.”
Founded in 1993, Bon Bon Buddies has established European sales and operations facilities in France, Benelux, Germany, Spain, Denmark, Poland and the Czech Republic. Further global distribution partners are based in Italy, Russia, China, the UAE and Turkey.