HSBC deal for Brown McFarlane
Stoke-based specialist steel stockholder Brown McFarlane has chosen HSBC's corporate team in the North West to provide its banking services. HSBC has agreed to provide new banking facilities for the company in the UK and South Africa.
Brown McFarlane, a family owned business, is one of the longest established steel distributing and processing businesses in the UK.
Since it was founded in 1889, it has developed into one of Europe’s leading steel plate companies.
The Stoke-on-Trent business has sites in Dubai, Singapore and South Africa. Its export department in Sutton Coldfield also services markets in Europe, India, the Far East and South America.
Susan Eaton, finance director at Brown McFarlane, said: “We needed a banking partner with the domestic and international expertise to support our ambitious future growth plans. We are constantly looking into the opportunities afforded by new markets and our new relationship with HSBC will allow us added flexibility across our global operations.”
