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Camloc has set out its plans for growth today having secured investment from Foresight Group (“Foresight”). Foresight is a leading independent private equity investment manager with UK offices, in Nottingham, Manchester and London.
Camloc was previously owned by American investors and has sales of c£4m and employs 36 people at its Leicester manufacturing facilities. Sales and Marketing Director Andy Hubbard, Finance Director Julie Barker, and Engineering Director Matt Warne, have invested alongside Foresight. RBS have also provided a term loan and working capital facilities.
The experienced team are excited about the future, with new products already in development and plans for future growth of the business well underway.
For more information on Growth plans as £1.5million investment is confirmed talk to Camloc Motion Control Ltd
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