Pinsent Masons advises Santander on £15m Reuse Glass loan

17 Apr 2013 | 04:52 pm |

Pinsent Masons has provided vendor due diligence and acted as legal advisor to Santander in connection with the provision of banking facilities totalling £15m to Reuse Glass, the UK's largest purchaser and recycler of glass.

Operating from its glass treatment plants in Knottingley, Doncaster, South Kirkby and Harlow, Reuse currently processes around 30 per cent of the UK market's requirements.  

The Pinsent Masons team advising on the transaction comprised Peter Wood, Chris Watts and Phil Scott.  Phil Scott said "We are very happy to have helped Santander put into place a new funding package for such a successful and fast growing business".

The new financing agreement will enable Reuse to upgrade two of its plants, in Knottingley and South Kirkby. The introduction of new hi-tech colour separating machinery will not only significantly improve efficiency, but will also increase the UK's overall production capacity for glass recycling.

Reuse was advised by Hamish Morrison and assistant director Matt Scott of BHP Corporate Finance. 

Mark Wilson, CEO of Reuse Glass UK Ltd, said “We are delighted to have Santander as our banking partner...... we have achieved a funding structure that will enable the business to achieve its goals of business growth, brand development and enhanced customer service”.

Latest press releases

Show me all press releases

Transactional Services group appoints two partners in Singapore

Multinational law firm Pinsent Masons has appointed Transactional Services partners Nicholas Hanna and Mark Tan, as it grows its corporate capabilities in Singapore.

Best Lawyers Germany 2020: 23 Pinsent Masons' partners ranked

Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.

Pinsent Masons hires real estate regulatory and investment partner in Germany

Multinational law firm Pinsent Masons has hired real estate funds regulatory and investment specialist Dorothee Atwell into its Frankfurt office

People who viewed this press release also viewed

Show me all press releases

Transactional Services group appoints two partners in Singapore

Multinational law firm Pinsent Masons has appointed Transactional Services partners Nicholas Hanna and Mark Tan, as it grows its corporate capabilities in Singapore.

Best Lawyers Germany 2020: 23 Pinsent Masons' partners ranked

Handeslblatt and Best Lawyers recognised 23 partners of multi-national law firm Pinsent Masons as Best Lawyers in Germany 2020.

For all media enquiries, including arranging an interview with one of our spokespeople, please contact the press office on

+44 (0)20 7418 8199 or 

Location contacts