R&D Tax Credits exercise secured a significant 6-figure repayment for JBS Group to assist with continued innovation in new products for the oil & gas sector.
Category: 2017
Equity Funding for the Bio-sector
During Q1 of 2017, DC Consulting were delighted to assist two clients in the Bio-sector to secure additional equity funding in line with their development programmes;
Dick Brothers Limited
Growth capital secured of £350,000 secured in relation to additional capital expenditure incurred by the largest independent forestry harvesting contractor in the UK.
Albacom Limited
Albacom has relaunched its Surface Technology division after a £250,000 investment, which was supported by Scottish Enterprise.
The Surface Engineering and Machining division expands Albacom’s capabilities in the oil and gas sector and allows the company to offer customers a fully integrated service and turnkey solutions. Albacom has invested significantly in diverse manufacturing, repair and maintenance technology and recruited four new members of staff to support the division’s development.
Commenting on the company’s expansion, Albacom CEO Jim Davidson, said: “Diversification is key to Albacom’s growth strategy and this divisional expansion is crucial for us to build upon our capabilities in the oil and gas market. Work is already underway with our first major oil and gas service company and we’re excited to further develop the services we can offer in this area.”
The past year has seen significant growth and market expansion for Albacom, with the launch of the company’s new Lifting Services and Motor Rewinding divisions and a further defence sector contract win in India.
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