Turquoise, the UK merchant bank specialising in energy, environment and efficiency, has announced its tenth deal for the Low Carbon Innovation Fund 2 (LCIF2), a £250,000 investment in pH sensor company ANB Sensors (ANB). LCIF2 led the £997,000 equity round which included Hatch Accelerator Fund and Applied Technology Ventures as co-investors. ANB was founded in…
Scotland-based HV Systems (HVS) has secured a £5 million capital injection from Beehive Equity Limited, a wholly-owned subsidiary of EG Group (EG). Multiple award-winning HVS will now take its innovative hydrogen vehicle designs through prototyping and demonstration, allowing manufacturing to commence. There has been much said about impending bans on the sale of new petrol…
Turquoise International (“Turquoise”) is pleased to announce that Zhejiang Jiecang Linear Motion Technology (“Jiecang”) has agreed to acquire Logicdata Elektronik and Software Entwicklungs GmbH (“Logicdata”). Turquoise acted as financial adviser to Jiecang which acquired 100% of Logicdata for €79.18m. This merger will create a leading worldwide linear motion components and systems supplier with annual revenue…