04 Apr 2023

Award winning Staffordshire manufacturer acquired by leading UK investment group

james-penney-darwin-alternatives-l-and-derek-carr-addfield-r-outside-the-head-offices-in-burntwood-staffordshire(902411)

Staffordshire-based manufacturer Addfield Environmental Systems Ltd and Addfield Projects Ltd are set to transform its manufacturing operation and facilities to new levels following its acquisition by an investment fund advised by Darwin Alternatives.

The Darwin fund will be committed to investing in the company's research and development to bring more advanced and efficient incinerators to the market. This investment will allow the company to expand its product range and improve its production facilities, increasing its ability to meet the growing demand for its incinerators across the globe.

The acquisition marks a significant milestone in the company's history, and the fund's investment will only strengthen its position as a leading incinerator manufacturer.

While ownership has changed, the leadership will be remaining the same, guaranteeing the high quality of service that customers have come to expect alongside a number of improvements which will be made possible through this valuable injection of funding.

Under this new ownership, Addfield will be able to securely embark on a series of exciting expansion activities that have been on the drawing board for a number of years, including new 'greener ' technologies as well as expanding further into fresh markets.

Derek Carr, managing director said: “This represents a major opportunity for us to take Addfield to the next level. Following continuous growth in orders in recent years, we have almost been a victim of our own success.

“As the scale of orders has grown, we have endeavoured to keep up and keep ahead of the industry.

“To maintain our reputation as a global leader, there are a number of improvements that we are ready to make to streamline our production line and improve our services to our customers.

“Having the support of the Darwin group gives us access to a fresh network of businesses to be a part of, and there is some real synergy between their existing investment and Addfield, which make Darwin the right partner for us. ”

Addfield first began back in 1982, a one-man operation creating reliable and economical agricultural incinerators for the UK exclusively. It was later purchased by local entrepreneur Steve Lloyd to be an addition to his existing refractory business.

Steve Lloyd said: “This was an incredibly difficult decision for me to make however, I have reached a retirement age in my life that I have been planning for a long time.

“The journey we have all been on this last 16 years has been a remarkable and one, I have always maintained that the businesses greatest assets were its people. With Darwin I believe we have found the perfect partner to help Addfield grow and develop its people and product portfolios.

Currently, the firm has become established in 142 countries and employing a permanent workforce of 55, alongside establishing an office in the USA and achieving some of the largest individual orders in their history in recent months.

For more information on Addfield, click here

For more information on Addfield Projects, click here

Pictured from left to right: James Penney from Darwin Alternatives and Derek Carr from Addfield outside the head offices in Burntwood, Staffordshire