by Leanne Fawcett | Jun 20, 2022 | Business
A manufacturing company is aiming to become a £100m turnover business by 2026 after investing almost £2m in new machinery and equipment. Peterlee-based Alexander Battery Technologies, which manufactures customisable battery packs and chargers, has converted two 20,000...
by Leanne Fawcett | Jun 2, 2020 | Business
The County Durham Growth Fund has been awarded an additional £4,000,000 of funding to continue supporting businesses across the county until June 2023. Established in April 2019, the fund was initially a £4.9m capital grant scheme providing grants to small and medium...
by Leanne Fawcett | Sep 10, 2019 | Business
Battery manufacturer Alexander Technologies Europe Ltd (ATEL) has been acquired by its incumbent management team in a transaction part-funded under a £9.2m senior secured unitranche facility provided by Shard Credit Partners. The transaction, which has been completed...
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