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Customer stories

CK International

At the company’s Dungannon headquarters are Nigel Walsh, Director, Ulster Bank, Danny McGivern, Senior Relationship Manager, Ulster Bank, and Paul Conlon, Chairman of CK Lyndex.  

Ulster Bank was able to put in place an extensive support package to help the Dungannon-headquartered engineering company to enter a new phase of growth including the acquisition and integration of the English business with more than a century of manufacturing heritage.

We refinanced the locally-founded firm and provided a mixture of debt and trade finance to allow the acquisition of Lyndex Recycling Systems and to support working capital as the enlarged firm plans for expansion.

The acquisition has brought together the engineering expertise of CK International, founded almost 30 years ago, with the quality-driven manufacturing heritage of Lyndex Recycling Systems, whose history spans more than 100 years.

Following the acquisition, the company has rebranded to CK Lyndex, maintaining the link to both success stories.

CK Lyndex is a leading manufacturer and supplier of balers and compactors, providing waste handling and recycling solutions to customers across a wide range of industries around the world. The combined business has significantly strengthened its product offering, manufacturing capability and market reach, enabling it to serve a broader customer base and accelerate growth.

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