Surface Transforms PLC has completed a fundraising
Surface Transforms PLC has raised US$10.3 million placing and up to US$2.5 million via an open offer. The placing will support the company's working capital requirements as they ramp up production for their OEM customers.
Headquartered in Liverpool, UK, Surface Transforms is a manufacturer of next-generation carbon-ceramic brake discs for automotive and aircraft applications. Surface Transforms is a highly innovative company, with its own patented materials technology and a team of PhD-qualified scientists and degree-qualified engineers.
Oaklins Cavendish, based in the UK, acted for Surface Transforms in this transaction.
Talk to the deal team
Related deals
Diederichs Karosserieteile has been acquired by ITAL, a portfolio company of Naxicap
Diederichs Karosserieteile GmbH has been acquired by ITAL Holding, a European automotive aftermarket platform backed by Naxicap Partners.
Learn moreEbidco has finalized a voluntary public tender offer for the shares of Eles Semiconductor Equipment
Ebidco S.r.l. has completed a voluntary public tender offer for the shares of Eles Semiconductor Equipment S.p.A.
Learn moreAedes has finalized a rights issue
Aedes S.p.A. has successfully finalized a rights issue to support the objectives of the group’s 2024-2028 business plan and the relaunch of its business.
Learn more