Donald Russell secures £5.2 million loan


Mail order butcher Donald Russell has secured £5.2 million
of funding from Lloyds Bank Corporate Markets to build a new
fulfilment centre.

Opened in the last week of June, the new centre will help Donald
Russell expand its burgeoning ecommerce business.

Currently employing 190 staff and with an annual turnover of
£25 million, Donald Russell recently appointed Cavendish
Corporate Finance to investigate interest from companies looking
to expand into the online retail market. The business is still
run by the original founders William Donald and John Stone
alongside Hans Baumann as managing director.

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