North Wales operation of pharma giant Wockhardt secures £20m new facility to expand

North Wales-based pharmaceutical manufacturer, Wockhardt, had secured a new £20m lending facility to support its expansion plans. The Indian-owned business,. which has a global presence, has been backed by NatWest. The debt advisory team of professional advisory firm RSM acted for Wockhardt on the funding deal.

Established in 1950, Wockhardt UK, employs more than 400 at its UK factory in Wrexham. During the pandemic it