CG Capital Ltd, the London
based leasing and finance arranger for the shipping, intermodal
and transport industries; is extending its financing reach into
the Ports market. The company is developing a new division to be
known as CG Port Finance which will be driven forward by newly
appointed Clive Sanderson.
CG Capital sees the ports sector as a complementary area to the
container market; therefore allowing extension to their existing
client base. The company financed over $120 million in the
container market during their first year of business in 2004. CG
Capital is now looking to repeat their success within the ports
sector through their specialist division CG Port Finance.
Rob Hawking, Marketing Director at CG capital explains, “It
makes sense for us to move into the Ports sector; firstly there
are synergies with some of our existing clients in the container
market and secondly, many of the customers will be good, new
credits looking for finance.”
Clive Sanderson has joined CG Capital as Vice President of ‘CG
Port Finance’ to head up the business globally. Clive comes with
20 years plus experience in senior management roles within the
port equipment manufacturers market and has been mainly involved
in securing international business opportunities.
Prior to joining CG Capital, Clive worked for a number of
recognised Port handling equipment manufacturers such as
Fantuzzi-Reggiane, Kalmar LMV (UK) Ltd, as well as the US based
Taylor Machine Works International, Inc. Clive has also worked
in the construction industry for Volvo BM Construction.
Clive states “It’s a privilege to be joining such a dynamic
organisation. I’m looking forward to setting up, expanding and
developing the port business for CG Capital. My experience in
the industry will certainly help us achieve our objectives”.
Rob adds, “We are extremely pleased that Clive is coming on
board to build this business; these are exciting times for CG
Capital”.
For further information contact:
Tel: +44 (0)20 7486 9216
Email:
info@cgcapitaluk.com
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