BBI Programme: Debt Funds
Delivery partner: Growth Capital Partners
GTS specialises in specialist adhesives and flexible materials, one use of which is in electric vehicle battery modules. Growth in demand for electric vehicles has increased production and adoption, rapidly expanding the need for GTS’s specialist products.
Equity investment from Growth Capital Partners allowed GTS to capitalise on this opportunity, investing in talent and building a new facility to capture and reuse solvents from its manufacturing process. This makes the Welsh company’s manufacturing process more efficient and scalable, as well as reducing emissions.
GTS is now in a position to more than double its manufacturing capacity to meet demand for its products across Europe and Asia.