Finance Wales injects £1m into MGS
Regional investment company Finance Wales has given Medical Gas Solutions (MGS) a £1m cash boost as part of a second round of funding.
The firm, which supplies medical oxygen and analgesic gases in high-pressure aluminium cylinders to the NHS and Ambulance Trusts, will use the investment to launch its new portable rapid response unit.
Finance Wales previously injected £1.5m into MGS to enable it to service new contracts and develop its technology for use in new markets.
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