A South Yorkshire manufacturer that exports industrial fume extraction equipment has seen significant growth in overseas sales following a management buyout and investment from Finance Yorkshire. Purex International makes a range of appliances that remove harmful fumes by purifying and recirculating air back into a factory. Users include companies in the
Tag: Finance Yorkshire
Door manufacturer targets £5m turnover
A manufacturer of folding patio doors is targeting £5 million turnover this year after launching the business just three years ago. Panoramic Doors started out in Carlisle Street in Sheffield before moving to a 20,000 sq ft facility on the edge of the city in early 2016. The switch to larger premises
Finance Yorkshire exit as Retina Holdings sold
Finance Yorkshire has realised its investment in Silsden-based Retra Holdings after the cosmetics business was acquired by AIM-listed Warpaint. The sale represents an exit for Finance Yorkshire’s Equity Linked Fund which invested £1.4 million in Retra after the business was acquired more than ten years ago by managing director Kai Arter
Finance Yorkshire backed construction company doubles turnover
Construction company MTW Architectural has more than doubled its turnover after increasing production capacity at its purpose-built premises in Wakefield. The business specialises in the design, manufacture and installation of aluminium framing and glazing for building exteriors. Led by directors Richard Moore and Neville Taylor, MTW Architectural reported turnover of £13million this
Brothers target £15m turnover for garage equipment business
A garage design and equipment supplier run by entrepreneurial brothers is targeting £15m turnover this year. Hull-based JD Garage Equipment designs garage layouts and installs equipment for some of the UK’s largest car dealerships. The company is run by brothers James and Nicolas Everard, who acquired the business from their
Finance Yorkshire backed health company targets £5m turnover
An award-winning health supplements business is targeting sales of more than £5m this year as demand grows for its innovative products at home and abroad. BetterYou, based in Barnsley, supplies a range of supplements including oral vitamin sprays and transdermal magnesium to independent retailers, health stores and pharmacies across the UK. It
Weed control company on track for European growth
Pictured are Weedfree CEO Neil Bangham, left, with Ian Atkinson, investment manager at Enterprise Ventures A Yorkshire company which specialises in weed control on railway networks is planning a £2m investment to grow its operation in Europe, with support from Enterprise Ventures SME Loans and Finance Yorkshire. Weedfree On Track, which is
Cooker hood specialist extracts £4m turniver with strong sales
Pictured are Alex McWhirter, chief executive of Finance Yorkshire, and Aidan Mulrooney, managing director of Luxair UK A company specialising in domestic cooker hoods and extraction technology is targeting £4m turnover this year after a period of strong growth. Ripon-based Luxair UK supplies a range of designer kitchen extraction hoods to trade
Finance Yorkshire secures £5m extension fund
Finance Yorkshire’s successful investment fund has been extended following an injection of fresh capital from two of the region’s Local Enterprise Partnerships (LEPs). Funding totalling £5m has been allocated to Finance Yorkshire by the Leeds City Region Enterprise Partnership (LEP and Sheffield City Region LEP, supported by their respective combined authorities.
Finance Yorkshire secures £5m extension fund
Finance Yorkshire’s successful investment fund has been extended following an injection of fresh capital from two of the region’s Local Enterprise Partnerships (LEPs). Funding totalling £5m has been allocated to Finance Yorkshire by the Leeds City Region Enterprise Partnership (LEP and Sheffield City Region LEP, supported by their respective combined authorities.