HSBC funding helps vehicle parts manufacturer on the road to growth

A global supplier of aftermarket parts for heavy-duty commercial vehicles, is using a £1 million funding package from HSBC UK to boost its manufacturing capabilities and customer service offering. 

The cash injection for Sampa UK and Ireland will help expand its fleet of same-day delivery vans, enhancing next-day delivery options, and invest in its logistics and distribution network to provide faster and more efficient service to customers.

With plans to extend its reach into the Midlands, Sheffield, Scotland, and Dublin, the manufacturer’s expansion is expected to create 100 new UK jobs across a range of roles.

Sampa will also focus on maintaining larger stock levels and delivering 24/7 parts distribution to meet increasing demand from domestic and international markets.

The HSBC UK funding will also further support the development of new product lines, helping Sampa strengthen its position in the commercial vehicle parts sector.

Kemal Kahraman, managing director at Sampa UK and Ireland, said: “This funding from HSBC UK will play a crucial role as we expand into new markets across the UK. 

“The investment will allow us to strengthen our operations, expand our presence in the UK and Ireland, and create new employment opportunities, all whilst ultimately benefiting our diverse customer base.” 

Simon Kitchingman, business development manager, north region, at HSBC UK, added: “It’s fantastic to support Sampa UK and Ireland’s expansion, especially as the business plans to create a significant number of new employment opportunities. 

“We’re confident this investment will contribute to Sampa’s continued success and growth in the UK and Ireland.”

Established in 1994, Sampa UK and Ireland manufacturers more than 20,000 products for heavy-duty commercial vehicles across 24 product categories. 

With a global presence in more than 160 countries, Sampa provides spare parts for the aftermarket sector, suitable for European and American style heavy-duty vehicles, trailers and buses.