Partner Article

Further investment for DW3 portfolio

DW3 Products Group, the vehicle that specialises in investing in innovative manufacturing businesses, has provided an additional £2m in funding to Window Widgets and Solidor to help scale up production capabilities.

The new funding has been split evenly across new plant and machinery and the development of new and original product lines.

Window Widgets was founded in 2004, and has become the first port of call for key components for the fenestration sector, while Solidor is best known for its original door designs.

In addition to this, DW3 has also invested heavily in new premises, with new 28,000 sq. ft. sites opened in Gloucester and Stoke. As a result, the firm expects to bolster its staff, adding a further 50 staff across the two sites and pushing its total headcount above 250.

This follows a strong first half to 2015 for Window Widgets, having integrated into DW3’s portfolio to extend the group’s geographical reach and distribution capabilities.

Gareth Mobley, CEO of DW3 Products Group, said: “We are proud to be a firm supporter of innovative British manufacturing businesses, and recognise that continual investment and nurturing is required to ensure they reach their potential.

“Our latest round of funding will enable the business to continue to challenge our own offering, thereby promising the most innovative and efficient products to our clients. It’s an extremely exciting time at present, and I’m looking forward to further extending our production capabilities and providing additional local employment opportunities.”

This was posted in Bdaily's Members' News section by Pablo Rodriguez .