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

CATS pipeline £40m Court of Appeal dispute

Multinational law firm Pinsent Masons has advised the owners of the Central Area Transmission System (CATS) gas pipeline in the North Sea on a landmark contractual dispute case heard in the Court of Appeal.

Dispute Resolution Group appoints partners in Munich

Multinational law firm Pinsent Masons has appointed partners Johanna Weißbach and Christian Schmidt as litigation partners in their Dispute Resolution Group in Munich, where they will both focus on clients within the Financial Services and Advanced Manufacturing & Technology sectors.

Pinsent Masons announces 2020 partner promotions

Multinational law firm Pinsent Masons has announced 17 new partners in its 2020 promotion round as it promotes outside of traditional legal services for the first time.

People who viewed this press release also viewed

Show me all press releases

CATS pipeline £40m Court of Appeal dispute

Multinational law firm Pinsent Masons has advised the owners of the Central Area Transmission System (CATS) gas pipeline in the North Sea on a landmark contractual dispute case heard in the Court of Appeal.

Dispute Resolution Group appoints partners in Munich

Multinational law firm Pinsent Masons has appointed partners Johanna Weißbach and Christian Schmidt as litigation partners in their Dispute Resolution Group in Munich, where they will both focus on clients within the Financial Services and Advanced Manufacturing & Technology sectors.

Pinsent Masons announces 2020 partner promotions

Multinational law firm Pinsent Masons has announced 17 new partners in its 2020 promotion round as it promotes outside of traditional legal services for the first time.

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