Case Study

Proactively managing currency risk

Proactively managing currency risk

Proactively managing currency risk Crown Canlines leverages FX facility to protect margins Business Crown Canlines Group Location Glasgow Sector Manufacturing Turnover $3,500,000 In light of widespread currency volatility, a global supplier of spare parts and equipment to the can making industry has taken measures to protect profit margins on its export driven revenues. Crown Canlines Group, based in Glasgow, is a leading supplier to the Metal Packaging Industry, specialising in the food and beverage markets. The business supplies over 300,000 products to can manufacturers. In addition to its office in Glasgow, the business has operations in Texas, USA and recently it opened a third office in Alicante, Spain following the EU referendum vote. The business exports to the Middle East, Europe,

Join for free to read