Kernel Capital Invests £2m
Bank of Ireland’s Kernel Capital has announced a £2m Investment in Changeover Technologies to build its production and test plant at Ballygawley in County Tyrone, Northern Ireland.
Allen Martin, partner at Kernel Capital, commented:
“Following on from our initial investment, the company has successfully developed and patented innovative technologies which have the potential to deliver significant environmental and economic returns.”
These are exciting times for Changeover Technologies as the new plant in the north of Ireland will enable the company to scale the research and development team in collaboration with commercial partners to ultimately allow for the development of broader applications.