Nucore refinances to support growth and new office in Dundee

  • Date: 11-Jun-2021
  • Source: Energy Voice
  • Sector:Economy
  • Country:Gulf
  • Who else needs to know?

Nucore refinances to support growth and new office in Dundee

Engineering firm Nucore Group, of Aberdeen, has unveiled plans for investment in its workforce and rental fleet as well as a new office in Dundee, following a refinancing.

Beechbrook Capital, a London-based specialist fund manager focused on investments in small and medium-sized businesses across northern Europe, has joined private equity firm Lonsdale Capital and senior management as shareholders.

Financial details of the deal giving Beechbrook a stake and the size of the respective shareholdings were undisclosed.