Monday, July 6, 2020

ARC secure first investment as firm targets growth

ARC Building Solutions, a Leeds-based specialist fire barriers and cavity closer manufacturer, has secured an undisclosed investment from Newable Capital.

The investment coincides with a factory move on Gildersome Spur, doubling the capacity of the previous facility. This will enable further improvements in production processes to better cope with increased demand for products.

“ARC has been looking for a new investor for a period of time who can help provide the finance and support to help us drive the business forward as we move to the new factory, develop new products and expand across the UK,” said ARC’s founding shareholder, Andrew Danzey.

“We are delighted to be working with Newable Capital to help realise the potential of the business.”

Danzey, along with fellow founding shareholder Russell Irving, will continue with the company, which currently employs 60 members of staff.

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