# Bakkavor secures £13.3m for refrigeration overhaul

Bakkavor Group has agreed a £13.3 million asset finance deal with HSBC UK to overhaul its refrigeration systems, starting at sites in Sutton Bridge, Boston, and Bo'ness. The investment supports its goal of reaching Net Zero by 2040.

- Type: Investment
- Announced: 2021-11-04
- Where: Sutton Bridge, Boston, Bo'ness, United Kingdom
- Value: $18.0M (13.3M GBP)
- Status: announced
- Products: refrigeration systems
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Bakkavor](https://endata.com/companies/13040.md)
- [HSBC UK](https://endata.com/companies/4642.md) (investor)

## Sources

- [grocerytrader.co.uk](https://grocerytrader.co.uk/uks-biggest-fresh-prepared-food-supplier-continues-to-work-towards-net-zero-with-an-additional-13m-refrigeration-overhaul/), 2021-11-04: "Now more than ever is climate action at the forefront of how we do business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
