Evolution Aqua, a leading UK-based aquatics and aquaculture company, has secured a £12m investment from the Business Growth Fund (BGF) to support its growth plans. The investment will be used to expand the company’s product range, increase its manufacturing capacity, and accelerate its international expansion.
Evolution Aqua was founded in 2001 and has since become a leading supplier of high-quality products for the aquatics and aquaculture industries. The company’s product range includes filtration systems, pumps, and water treatments, as well as a range of fish food and supplements.
The investment from BGF will enable Evolution Aqua to expand its product range further, with a focus on developing new and innovative products that meet the evolving needs of its customers. The company will also increase its manufacturing capacity, allowing it to meet growing demand for its products both in the UK and overseas.
In addition to expanding its product range and manufacturing capacity, Evolution Aqua will use the investment to accelerate its international expansion plans. The company already has a strong presence in Europe, Asia, and the Middle East, and the investment will enable it to further expand its reach into new markets.
Commenting on the investment, Evolution Aqua CEO Jeremy Gay said: “We are delighted to have secured this investment from BGF, which will enable us to accelerate our growth plans and take our business to the next level. We have ambitious plans for the future, and this investment will help us to achieve them.”
The investment from BGF is a significant milestone for Evolution Aqua and reflects the company’s strong track record of growth and innovation. With the support of BGF, Evolution Aqua is well-positioned to continue its growth trajectory and become a leading player in the global aquatics and aquaculture industries.