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French customer obtains financing from SEK

EMBA Machinery’s French customer needed financing to invest in new machinery for converting corrugated cardboard to paperboard.

Competitive export transactions

Facts

Transaction: Export credit
Amount: EUR 2.1 million
Maturity: 5 years
Borrower: OndulExpress, France
Guaranteed by: EKN

Facts

Transaction: Export credit
Amount: EUR 2.1 million
Maturity: 5 years
Borrower: OndulExpress, France
Guaranteed by: EKN

OndulExpress France, needed financing for its investment, which was resolved using an export credit from SEK together with a guarantee from the Swedish Export Credit Agency (EKN). One advantage of the financial solution was that all contact with the buyer and EKN was managed by SEK.

“The customer needed external financing to complete the project and SEK’s product enabled us to close the deal.”

ULRIKA BERGQUIST
SALES & MARKETING EXECUTIVE/BUSINESS CONTROLLER, EMBA

The Swedish company EMBA Machinery AB develops, manufactures and sells converting machines around the globe. The machines convert sheets of corrugated cardboard to paperboard. Over the years, EMBA has introduced numerous breakthrough solutions in areas such as material efficiency that are now standard for the converting industry.

The head office is located in Örebro, but the company also has manufacturing and service units in the US and Germany. The EMBA group has some 260 employees in 30 countries. The company was founded in 1954 under the name AB Emballagemaskiner and became in 1988 part of the Berg Group, which is a family-owned group with an annual turnover of SEK 1 billion.

Would you like to know more?

Contact Stefan for more information.

stefan.haga@sek.se

08-613 85 18

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