Growth Capital

Martel Instruments Limited

In January 2007 Aberdeen invested £2.25m to support the management buy-out of Martel Instruments Limited, one of the leading UK manufacturers of compact printer and LCD modules.

Based in Durham, Martel operates a design and manufacturing facility serving a global customer base with printer and display solutions. The business supplies products to a range of industries including automotive, medical, telecoms, transportation and retail.

Martel was established in 1982 by Martin and Angela Kent and the investment by Aberdeen enabled their son, Stephen Kent, to take over as Managing Director. John Finlan, whose background and experience is with manufacturing and industrial products and components businesses, was appointed Non-Executive Chairman.