£500,000 investment secures growth plans for Bastion

Security business moves to larger premises in Newcastle following investment from the North East Growth Capital Fund

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 […]

Offshore engineering firm expands following management buy out

NEL invests in growth of quanta fabricom 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. […]

Signs looking good for UK Metalcraft after £150,000 Growth Capital Fund investment

Gateshead based UK Metalcraft Limited secure investment from North East Growth Capital Fund

A North East trade signage and metal fabrication supplier is investing in new equipment, personnel and factory space after winning a £150,000 investment from the North East Growth Capital Fund Supported by the European Regional Development Fund UK Metalcraft designs, fabricates and builds the high quality signage used by trade companies for a wide range […]

Cenelec takes on major contracts with Growth Capital Fund investment support

Northumberland business, Cenelec Standards Inspections, receives loan to expand from North east Growth Capital Fund

A North East hazardous area inspection firm has won major contracts in the oil & gas and utilities sectors with the help of its latest investment from NEL Fund Managers. Cenelec Standards Inspections Ltd (CSI) helps companies operating in potentially explosive onshore and offshore environments, such as oil rigs and refineries, distilleries and chemical plants, […]