Franchise Brands PLC has eye on expansion after £14mln fundraise
“We can trade through the crisis in profit,” he told Proactive.
“And once we come out the other side, the drain maintenance businesses [B2B] will recover very quickly as commercial premises being re-occupied will have issues to be resolved.”
The consumer-facing businesses will be slower to bounce back, but here, as in B2B, Franchise Brands will use the proceeds of its recent £14mln fundraise to find businesses to acquire and expand.
“The additional funds will make opportunities more available and more affordable,” Hemsley said