APS Group & Business Growth Fund (PE)
About the client
APS Group is a family-owned business, founded in 1949. They operate across 6 sites across the UK. APS Group grows their produce in modern glasshouses featuring industry-leading computerized environmental and nutritional control. In addition, growing sites benefit from onsite Combined Heat and Power plants, a unique Anaerobic Digestion waste management facility, and ground water-cooled packing facilities.
About the deal
APS secured £10m of growth funding from the Business Growth Fund which will enable it to build a new glasshouse, extend capacity at exiting sites and make further investments into industry-leading, innovative technologies and automation to optimise operational efficiencies.