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Plastic Processing Machinery
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News

28 June 2016

BREXIT

So, on the 23rd June 2016  the UK has voted 52% to 48% to leave the EU. The outcome will have long term consequences for any business in the UK with direct trade links to the EU, but also those without.  In the short term, the second hand extrusion lines and thermoformers we have for sale have become 10% cheaper almost overnight, and although the currency markets have settled a little, the GBP sterling will inevitably weaken against the Euro.  So the good news is – British second hand machinery is even better value for money!!   
 
Clearly the other side of the euro coin for TransXL is that our ability to buy machinery in the Eurozone is compromised by a weaker pound. More importantly, our summer holidays in France, Germany, Spain and Italy have just become more expensive…
 
So, if we have recently quoted you some used machinery in GBP, and you are ready to buy, there will never be a better time to get a bargain from TransXL. 


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