Galloway and MacLeod, a Scottish agriculture-feed manufacturer, has expanded its operations to five new overseas markets with the support of Barclays Corporate Banking. This move has resulted in a £3m increase in turnover (16 percent) in the last 12 months, as Galloway and MacLeod now supplies customers across the UK and Europe, including Ireland, France, Belgium, Germany, and Sweden.
The South Lanarkshire based business, which has a century-long history, is owned by its employees who are directly benefiting from the new business and banking structure. With a focus on ongoing product development, Galloway and MacLeod recognized the need to optimize their banking solutions for maximum return on overseas expansion.
Donald Harvey, Managing Director of Galloway and MacLeod, expressed his appreciation for Barclays’ proactive advice, which played a crucial role in the decision to collaborate with the bank for support in both UK operations and overseas market entry. This successful banking partnership not only aids in expansion but also secures the future of the business for years to come.
Barclays Corporate Banking in Scotland, led by Managing Director Jamie Grant, recognizes Galloway and MacLeod as a prime example of a Scottish business seeking to broaden its reach and cater to a growing overseas customer base. Leveraging their industry expertise and relationship-driven banking approach, Barclays has provided the perfect mix of business advice and financial support to facilitate Galloway and MacLeod’s growth and expansion plans.
