The team at Lotus Labels
Eastbourne-based Lotus Labels has invested in a Xeikon 3300 digital press and a GM DC330 finishing line, financed through a £200,000 funding package from HSBC. With the new capacity, the company expects to grow its annual turnover from £1.28 million in 2015 to £1.35 million this year.
Andreas Shillinger, managing director, said, ‘This new, highly advanced equipment means we have one of the most developed, cutting-edge factories in our sector. Not only does it help us meet the necessary requirements for our clients, it also allows us to offer a greater variety and flexibility with design and packaging.’
Victoria Mutter, HSBC’s area director of business banking in Gatwick & East Sussex, added, ‘With technology developing at such a rapid rate, Lotus Labels needed to upgrade its machinery to continue to meet its clients’ needs. Our team has worked closely with the business over the years to support its growth and development, and our latest equipment finance loan has allowed for the purchase of industry-leading technology, which will enable Lotus to remain ahead of the competition and broaden its customer base.’
Lotus Labels merged with Dynamic Systems Group, one of Germany’s leading industrial label manufacturers, in 2014. The business offers bespoke design and manufacturing of labels and packaging for a variety of clientele, including Alton Towers, Yo Sushi, Jaguar and Fenwick department stores.
