Ion creating careers for young North East recruits with first intake to new training programme
Gateshead civil engineers taking centre stage with second investment from North East Fund
Depend Group’s new owners adapting growth plans with North East Fund backing
Sub-surface testing firm going for growth with second NEL investment
Alpha Process Controls and Aldona Seals launching scale-up plans with Growth Capital Fund backing
Two newly-independent County Durham engineering firms are aiming to scale up their operations after securing six-figure investments from the North East Growth Capital Fund Supported by the European Regional Development Fund. Alpha Process Controls and Aldona Seals were both recently acquired from the Knorr-Bremse Group, the German parent company of regional engineering firm GT Group, […]
NEL Fund Managers records busiest ever investment quarter
The North East’s longest-standing business investor has recorded its busiest ever quarter as it continues to grow its portfolio of ambitious regional investees. NEL Fund Managers made 27 investments across Tyne & Wear, Durham and Northumberland in the final three months of 2019 from the two elements of the £120m North East Fund Supported by […]
NEL Fund Managers passes £100m investments value landmark
The North East’s longest-standing business investor has taken the total amount it has invested in growing regional companies past the £100m mark. NEL Fund Managers has made 847 investments across the North East since being set up in 1989, helping to create and secure thousands of jobs within hundreds of companies along the way. Since […]
£500,000 investment secures growth plans for Bastion
Newcastle based Bastion Security Products – a government and MoD-approved supplier of industry-leading physical security systems – has secured a £500,000 investment from the North East Growth Capital Fund Supported by the European Regional Development Fund to support rapid business growth and the creation of up to 20 new jobs. Bastion, which has been providing […]
Thirty years of North East business investment for NEL Fund Managers
The North East’s longest-standing business investor is celebrating after completing three decades of investing in growing regional companies. NEL Fund Managers has made 826 investments across the North East worth a total of £98.4m since being set up in 1989, and has helped to create and secure thousands of jobs within hundreds of companies. After […]
Offshore engineering firm expands following management buy out
A North East-based offshore engineering firm has expanded and rebranded following an impressive 12 months of growth and a management buy-out. Fabricom Offshore Services, which has a history spanning over 30 years, was a subsidiary of French energy group Engie until it became Quanta Fabricom following its acquisition by director Nick Oates in November 2018. […]
