West Yorkshire lab supplier looks to future with six-figure NatWest fund
West Yorkshire’s Gem Scientific has secured a six-figure financing deal with NatWest as part of its business growth strategy.
Located in Batley, Gem Scientific is a supplier of laboratory products and equipment mainly within the UK.
The firm specialises in products for a range of sectors including: food and beverage, dairy, environmental, life sciences, pharmaceutical, healthcare, education and manufacturing industries.
Established in 1997, Gem Scientific has recently created a number of new employee positions as part of its business growth plan. The funding from NatWest is being used to support this continued growth.
Justin Welton, managing director of Gem Scientific, said: “We offer a ‘personal ’ service to our customers and believe our knowledge of the marketplace, product innovation and new solutions, attention to detail, responsiveness and customer focussed service, allied to market leading products sets us apart from our competitors. It’s also why we continue to grow as a business.
“The funding from NatWest has provided the appropriate financing required such that we can invest in new people and resources to execute our plans to grow and develop the business.”
James Burgess, the NatWest structured finance director who supported the deal, added: “We were delighted to support Gem Scientific on this funding agreement. The management team at Gem Scientific have a clear vision for the business’ future growth and I wish them every success.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Is your business ready for the trade union change?
Government 'must take its foot off businesses' throats'
Upskilling key to civil engineering's future
Why apprenticeships are becoming a strategic asset
Business growth requires the right environment
OpenAI decision a wake-up call for our tech plans
Understanding the new Employment Rights Act
Why global conflict is a cyber risk for UK SMEs
Improving safety and standards in construction
From economic engine to community ecosystem
Improving North East transport will improve lives
Unlocking investment potential before year end