Peerless Gas Controls Ltd

  • Location:
    Flintshire
  • Sector:
    Electronics, engineering & optics
  • Go to company website
  • Tel:
    0844 800 0052
  • Investment summary:

    Flintshire-based Peerless Gas manufactures valves and other parts for cookers, refrigerators and other white goods.

    Finance Wales provided a six-figure loan to help Peerless acquire Lomax Offshore Couplings, a manufacturer of parts for the oil and gas industry. The co-investment has safeguarded and created jobs in both Lomax and Peerless – who plan on diversifying their product line.

  • Total investment:
    Undisclosed
  • Total Finance Wales investment:
    Undisclosed
  • Investment type:
    Loan
  • Purpose:
    Buying a business
  • Executives:
    Stewart Williams