Nene Capital, a Corby-based investor in small and medium-sized enterprises (SMEs), has acquired Cold Tech (Services), a refrigerated coldroom and cabinet maintenance firm.
This acquisition enhances Nene Capital’s portfolio with a company renowned for its bespoke solutions in food, retail, pharmaceutical, and logistics sectors.
Cold Tech (Services) Ltd. will continue under its established brand, ensuring uninterrupted service and trusted relationships. Nene Capital will support Cold Tech by investing in resources to expand its capabilities while maintaining quality and customer satisfaction.
Stephen Bayliss, Managing Director of Nene Capital, said: “We are thrilled to welcome Cold Tech (Services) Ltd. to our growing portfolio. This acquisition represents a significant step in our mission to invest in businesses that offer sustainable value and operational excellence.”
Simon Stringer, Finance Director of Nene Capital, said: “Cold Tech is a well-established business with over ten years of successful trading during which it has achieved a strong position in its market. We are excited to take the business into the next stage of its development.”
The transaction was supported by the corporate deal team at solicitors Howes Percival LLP and the Growth Finance team at Allica Bank.
