News / Gatemore stumps up £2m to help push DX Group back into the black

DX Group’s largest shareholder, Gatemore Capital, has agreed to lend the company £2m to provide “the flexibility and stability to return it to profitability”.

Chief investment officer of Gatemore Capital Liad Meidar told The Loadstar  UK courier and logistics company DX was in “clean-up mode” and looked “to put its bad news in the rear view mirror”.

He said: “This loan will allow the company to clean up its balance sheet and pay off an outstanding loan to HSBC – which was initially going to ...