Global LaserGlobal Laser

 

Business profile

 

Location: south east Wales

Sector: manufacturing

Web site: www.global-lasertech.co.uk

 

Investment

 

Amount: undisclosed

Type: debt

Executive: Rachel Miles

 

Why we invested

 

Global Laser has been trading successfully since 2001, exporting its laser modules all over the world.

 

When the company’s chairman and two of its directors decided to buy-out three of its original shareholders, they approached Finance Wales to finance the deal. We had previously invested in Global Laser’s expansion.

 

The outcome

 

Global Laser’s management team completed the management buy-out (MBO) and now plans to double the company’s turnover.

 

With the range of applications for its products increasing, the company now plans to develop its products to penetrate new markets.

 

Testimonials

 

“We will now be looking to improve our partnership arrangements with our customers, distributors and agents.” John Miller, managing director, Global Laser.

 

“Seamless management team succession is crucial to the continued growth of a business. We’re pleased to have supported the management buy-out at Global Laser with investment funding.” Rachel Miles, portfolio executive, Finance Wales.