UK - MSIF invests £1.4m to support Aerogistics expansion
Merseyside Special Investment Fund (MSIF) has made an investment of ТЃ1.4m to support the growth of aerospace supply chain management company Aerogistics.
The company provides supply chain management services and surface treatments to the aerospace industry, with a customer base that includes major international brands such as GE Aviation, Airbus, Boeing and Rolls Royce. The funding will be used primarily to fund the continuing expansion of the Aerogistics' new state-of-the-art Liverpool headquarters and provides a partial exit for two non-active shareholders.
This latest financing follows on from investments of £300,000 and £1m, provided by NWDA and Business Liverpool respectively, in April 2007 and is in addition to ongoing support from Barclays.
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