Pentagon Chemicals, a Widnes, UK-based chemical manufacturer, has received a £2m investment from private equity firm Maven Capital Partners.
The investment has been made through the government-backed Capital for Enterprise Fund, a £75m fund of funds, which offers equity or mezzanine financing in businesses which meet the European Union’s definition of a Small to Medium Sized Enterprise.
Pentagon Chemicals has sales of over £40m per annum and employs around 200 people at its sites in Halebank and Workington.
FinSMEs
11/12/2009