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17th January 2022

Press on Vinyl raises £475,000 from North Invest

A Middlesborough-based vinyl pressing company, Press on Vinyl, is set to disrupt the growing vinyl record market after raising £475,000 in equity investment as part of a 7-figure round.

Press on Vinyl is a precision manufacturer and distributer of vinyl records, committed to lowering lead times and delivering the highest quality products with the best customer service standards to vinyl lovers worldwide.  The company recently brought a state-of-the-art vinyl record pressing facility to Teesside, the first ever in the North of England.

16th December 2021

Wade Ceramics secures £400k MEIF capital

 

Stoke-On-Trent business Wade Ceramics, has secured a £400,000 investment to help safeguard its current employees and allow the company to enter new partnerships and grow its product range.

11th November 2021

Pallite receives £750k MEIF funding

A Wellingborough-based paper honeycomb board manufacturer has secured £750,000 to expand its product range, create jobs and enter new markets.  The Alternative Pallet Company Ltd who trade as PALLITE® received funding from the Midlands Engine Investment Fund (MEIF) provided by The FSE Group Debt Finance Fund and backed by the Coronavirus Business Interruption Loan Scheme (CBILS). The MEIF funding will help to create 15 new jobs in the next year, with the ability to offer apprenticeships to the under-25s.

12th October 2021

Land Energy secures £6 million funding from IGF

Rapidly growing biomass fuel manufacturer Land Energy (LE) has secured £6 million in funding from Independent Growth Finance (IGF). The asset business lending (ABL) package includes invoice finance, inventory and equipment facilities. The significant working capital will enable the company to expand its operations and develop a new, clean-burning briquette aimed at the domestic solid fuel market.

11th October 2021

Bowers Electrical Engineering secures £250,000 funding

Bowers Electrical Engineering Services Ltd has secured £250,000 from Maven Capital Partners E&SE Midlands Debt Finance fund, through the Midlands Engine Investment Fund (MEIF) and backed by the Coronavirus Business Interruption Scheme Loan (CBILS).

27th September 2021

Sustainable textile manufacturer Ananas Anam secures growth funding

A London-based, textile brand which promotes, social, ecological, and cultural development has secured £250,000 to further develop its products and recruit additional senior staff.

London-based Ananas Anam UK Limited secured the finance from the Greater London Investment Fund (GLIF), provided by The FSE Group and backed by the Recovery Loan Scheme (RLS). The company is the creator of PIÑATEXÒ, an innovative material made from pineapple leaves, a by-product of the pineapple harvest.

1st September 2021

Welsh manufacturer of eco sash windows secures £14m investment for growth

BGF – the UK and Ireland’s most active growth capital investor – has announced a £14 million investment in Victorian Sliders, a South Wales based business which is the UK’s only fully integrated, specialist manufacturer of uPVC sash windows.  Victorian Sliders’ end-to-end production facilities, from recycling of raw materials through to extrusion and fabrication, provides it with an excellent position in the growing home renovation market. The company delivers a high-quality, fully customised, eco product in industry leading timescales.

12th August 2021

Innomost raises €5M to replace palm oil, fossil fuels and food origin ingredients

Finnish startup Innomost has raised €5M to bring their birch bark innovation into new markets as a sustainable alternative for environmentally harmful ingredients in consumer products. The funding round was led by Metsä Spring Ltd. with Innovestor and angel investors joining the round. The round was completed with grants and loans from Business Finland as well as other public financing sources.

9th August 2021

Maven backs bespoke furniture manufacturer with £500k funding package

The Midlands Engine Investment Fund (MEIF) West Midlands Debt Finance, managed by Maven Capital Partners, and backed by the Coronavirus Business Interruption Scheme Loan (CBILS), has provided ACL Limited with £500,000 worth of funding. This recent capital boost will enable the business to push forward plans with product development.

26th July 2021

Green Mile secures £180,000 MEIF investment

Cardboard Bedding Ltd, trading as Green Mile, is relocating to Prees in Shropshire after securing £180,000 from the Midlands Engine Investment Fund (MEIF).

13th July 2021

Graphite Capital sells U-POL to Axalta Coating Systems for £428 million

Graphite Capital, a leading UK mid-market private equity specialist, has agreed to sell U-POL, a leading manufacturer and distributor of automotive repair and refinishing products, to Axalta Coating Systems. Headquartered in Philadelphia, United States, Axalta is a global manufacturer and distributor of coatings and the leader in the premium automotive refinish segment.

23rd June 2021

Derbyshire engineering company F C Laser secures £1.5 million from MEIF

F C Laser Limited has received a £1.5 million loan from Maven Capital Partners through the Midlands Engine Investment Fund and backed by the Coronavirus Business Interruption Loan Scheme (CBILS).

The business, which specialises in engineering and metal fabrication, is set to use the finance to purchase new technology and enable the automation and expansion of its two sites near Ilkeston in Derbyshire.

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