LDC to invest £200million in specialist engineering and manufacturing
Private equity firm LDC has committed £200million of new investment to specialist engineering and manufacturing businesses over the next three years.
The funding will be appointed primarily to mid market UK businesses in the £10-150m enterprise value range, and typically those with specialist manufacturing capability in sectors such as aerospace and defence, oil and gas, or power generation.
The announcement forms part of LDC's wider strategy to invest £2billion over the next five years in SMEs.
Martin Draper, managing director of LDC Midlands commented: "LDC is committed to supporting the growth of high quality specialist engineering businesses. Many UK businesses have developed best in class manufacturing technology and capability and are extremely well placed to deliver strong and sustainable growth across both the established and emerging growth economies.
"By pledging £200million of capital and a dedicated and experienced team over the next three years to this important sector, LDC is demonstrating a clear commitment to, and confidence in, UK manufacturing."
