Ashfield receives £100,000 investment from Finance Wales
A leading independent land, waste and water specialist
headquartered in Abercynon has secured a £100,000 investment from
Finance Wales, the leading SME investment company.
Ashfield provides specialist advice and project management
services on all aspects of environmental liability management to a
wide range of businesses, including banks, commercial and
industrial property developers.
The company has grown steadily since it was established in 2006
and will now use Finance Wales’ investment to drive forward its
international expansion plans.
The funding will also enable Ashfield, which also has offices in
Belfast and Exeter, to explore new market opportunities such as
landfill mining and waste management as well as providing advice on
invasive species, asset management and helping developers maximise
Ashfield’s managing director Andrew Pullman, said: “Ashfield
started on the cusp of a recession but we are now starting to see
things moving and feel the time is right for further
“We have built strong foundations for the business through our
team of former engineers, regulators, consultants and contractors
who understand the complex issues around land, waste and water.
This level of understanding is reflected in us being able to
deliver value for money for our clients to enable them to achieve
safe, protected sites at minimum cost.”
Finance Wales investment executive, Sam Macalister-Smith
structured the investment from the Wales JEREMIE Fund. He
said: “Ashfield has grown into one of the UK’s most highly regarded
independent advisers in its field. Its ambitious management
team is focused on further growth and has identified a number
exciting new opportunities. Finance Wales is pleased to back
the company’s ambitious international expansion plans.”
Since 2006, Ashfield has saved its clients tens of millions of
pounds through the appointment of key consultants and contractors
and through its efficient risk management service.
Andrew added: “The environmental market is a very exciting place
to be at the moment with issues such as contaminated land, waste
and new forms of energy all key topics of debate and areas we are
making a real difference in.”
Ashfield is expanding its teams across the UK as it continues to
record an increase in turnover year on year, with the latest
financial figures recording an 11 per cent increase.
Following the investment, Ashfield has employed Dr. Claire Burns
who has taken up the position of environmental advisor at the