ICON advises on the £3m MBO of Lanner Group, backed by NVM Private Equity
22.06.2010
Inetec has secured a further investment of up to £4.5 million of expansion capital from Naxos Capital Partners and incumbent investors Oxford Capital Partners. The additional funding will allow the company to further fuel its expansion and growth.
Inetec’s patented technology is the only commercially available solution able to treat all types of food waste without the need for pre-treatment, packaging removal or adjustment of the machine and represents a cost effective and environmentally responsible solution to what is becoming an ever increasing problem.
Inetec has already made significant inroads into the £240m UK food manufacturing industry attracting a number of high profile food manufacturers as early customers.
Mike Deacon
Finance Director
“ICON worked with us to develop our corporate finance strategy and played an instrumental part in liaising between management, incumbent investors and prospective new investors to help us close a new round of funding in under 3 months from start to finish. I would definitely recommend ICON.”
