VFE fires up for growth
18 September 2015 /VFE is poised for future growth, thanks to a major funding deal from Santander and private investment company SEA Equity. This new deal sees Charlie White take over as Managing Director of the company, leading the company’s incumbent and highly experienced management team. Three key areas of growth have been identified; expanding VFE’s contract service and repair division, setting up a new apprenticeship scheme, and developing the next generation of vacuum furnaces, and.
Charlie White says: “The investments we have received from Santander and SEA Equity will enable us to kick-start our next phase of growth and expansion. The business is currently undergoing a period of significant development and we are delighted to have secured this funding to enable us to realise our ambitious future plans.”
Elliot Nicholson, partner at SEA Equity, added “VFE delivers first class service to its customers and we are delighted to be backing the business on its next stage of growth. Management has ambitious plans to expand VFE’s operations both in the UK and internationally and this aligns perfectly with SEA Equity’s experience and expertise.”
Established in 1985, VFE is a market leading specialist in the design, supply, overhaul and repair of vacuum furnaces. Our team of experienced engineers, supported by the very latest in CAD technology and integrated quality assurance systems, can design and service any type, make or age of vacuum furnace.