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9:30 am - 10:30 amNonwovenn secures multi-million pound funding package from BGF
Nonwovenn has secured a multi-million pound funding package from BGF and Lloyds Bank to pursue its growth ambitions in the UK and overseas.
Based in Bridgwater, Somerset, the company specialises in the production of high quality, bespoke technical fabrics for niche markets. Its products have a range of different end uses including filtration, packaging, acoustics and advanced wound care. Nonwovenn has invested in its manufacturing facilities to provide capacity across all of its product lines in both its Bridgwater and Bolton sites.
Under the leadership of David Lamb, Andrew Brownlow and Chris Burhop, the business has built a reputation for in-house technical expertise, quality assurance and innovation. Nonwovenn has experienced strong growth over the last five years organically and through the acquisition of Lantor, a manufacturer of advanced wound care products, and Sterling Materials, which provides activated carbon nonwoven products. Across the group, the business employs over 160 people and generates revenue in excess of £20m.
With BGF’s investment, Nonwovenn is adding scale to its operations through further organic and acquisitive growth, particularly in the automotive, filtration and packaging markets.