Holland & Barrett secures £25m Barclays credit facility

• Holland & Barrett has secured a £25m revolving credit facility from Barclays, supporting the business’ ongoing transformation and growth strategy. 

Holland & Barrett has secured a £25m revolving credit facility from Barclays, further strengthening its long-standing relationship with the bank and supporting its next phase of the business’ growth journey. 

The facility provides additional financial flexibility as Holland & Barrett continues to invest in its customer-first transformation strategy, spanning digital and technology, product innovation, store development and colleague capability. It also reflects the strong momentum of the retailer, following sustained growth in revenue, customer numbers and profitability in recent years. 

Holland & Barrett has been undergoing a multi-year transformation designed to respond to changing consumer behaviours, increasing demand for preventative health solutions and a rapidly evolving retail landscape. To date, the business has invested more than £100m across technology, digital platforms and operational systems, as part of a broader investment of hundreds of millions of pounds in the business including in its store estate and science-backed product innovation. 

Vineta Bajaj, Chief Finance Officer at Holland & Barrett, said: “We are delighted to be working with Barclays, further strengthening our long-term relationship. This £25m revolving credit facility is an important endorsement of our strategy and reflects the momentum and growth of the business over the past few years.” 

She added, “Barclays is a highly valued partner to our business, supporting us across both strategic financing and our operational banking, including in-store payment solutions. We look forward to continuing to grow the relationship as we move into the next phase of our journey.” 

The revolving credit facility further underlines Barclays’ continued confidence in Holland & Barrett’s strategy and long-term outlook, providing the business with additional flexibility as it continues to grow and adapt in line with customer needs. 

Jim Quantrill, Relationship Director, Retail and Wholesale Barclays Corporate Banking, said: “We're delighted to continue our longstanding relationship with Holland & Barrett and we’re pleased to support their ongoing growth journey through a revolving credit facility.”