A leading Leicester-based designer and manufacturer of gas springs and dampers, Camloc Motion Control (“Camloc”), has secured investment from Foresight Group, a leading independent private equity investment manager with UK offices, in Nottingham, Manchester and London.
Camloc was previously owned by American investors and has sales of c.£4m and employs 36 people at its Leicester manufacturing facilities.
“UK manufacturing is very much alive and kicking and the Foresight investment has enabled us to become a British owned gas spring company for the first time in over 25-years. Over the years Camloc gas springs has become a respected brand in the market that stands for quality products and great customer service.
We are proud to have such a solid business, international brand and quality product range on which to build. We are looking forward to a new and exciting chapter of sustained growth for the company based on the company’s well-established roots” said Andy Hubbard, Camloc Sales and Marketing Director.
PMSI provided a targeted CDD covering customer referencing and competitor analysis to support the investment.
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