Business & Solutions Manager | South Europe Region (France, Spain & Italy) | Strategic Business Developer | M&A | New Business Development | Digital Supply-Chain | Green Vehicles | Business Transformation
One more achievement to close 2023 that allow us to grow sustainably further and expand with a strong balance sheet / liquidity position to support long-term success and new investments for our customers. #sustainablegrowth #funding #preparethefuture #successjourney
Thrilled to announce TIP Group's successful raise of €425M in Borrowing Base Facilities (BBF) and €65M in Asset Backed Securitisation Arrangements (ABS)! 🚀 The BBF, now at €2.3B, supports our growth with 8 new lenders joining. The ABS, totaling €265M, reinforces our commitment to long-term success. President and CEO Bob Fast: “This increase allows us to grow further, and to broaden our geographical presence.” CFO Hans van Lierop adds, “We are closing 2023 with a strong balance sheet and liquidity position to support our long-term vision” We extend our appreciation to ABN AMRO, ING Bank, Rabo bank, DLA Piper, and Freshfields Bruckhaus Deringer for their collaboration. For more details, read the full article: https://lnkd.in/en8AhTZ2 #TIPGroup #FinancialUpdate #BusinessExpansion #Logistics #Transportation