Flow looks to raise £23m to fire-up growth
Date added:
30/04/2015
CHESHIRE company Flowgroup is looking to raise up to £23m to ramp-up growth by launching a new version of its energy-generating domestic boiler. The Capenhurst-based company, which is listed on AIM, has announced a £21m fundraise via a firm placing and an open offer to generate up to a further £2m. It wants to funds to accelerate the development of a combination version of its Flow mCHP boiler and reducing supply chain and production costs of its boilers. The fundraising, which is being supported by its manufacturin.....
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