Investee biography:
Petford Tools was established in 1971 and specialises in the design and manufacture of injection mould tools for the automotive, aerospace, rail, and household sectors.
Petfords predominantly support Original Equipment Manufacturers (OEMs) and tier-one automotive manufacturers across the globe, serving household names including Jaguar Land Rover, Bentley and JCB.
Deal Summary
- Investment amount: £1.5m
- Transaction: Tooling
- Location: West Midlands
- Sector: Manufacturing
Investment Director
FDC Investment:
Petford Group secured a £1.5 million investment from Frontier Development Capital.
The firm has recently secured a major contract with a leading manufacturer, providing products and services to an iconic automotive manufacturer. The investment provided by FDC’s National Tooling Loan Fund will be used to help Petfords deliver 41 injection mould tools.
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