Kalas Packaging secures funding from Maven through MEIF II

Printing solutions business, Kalas Packaging, has secured a six-figure funding package from the British Business Bank’s Midlands Engine Investment Fund II through Maven, appointed Fund Manager for the East and South East Midlands.

Founded in 2009, Kalas Packaging is an accredited manufacturer delivering high-quality, short-run printed packaging. Operating from its facility in Boston, Lincolnshire, the business supports household brands including Cadbury, M&S, Morrisons, Asda, Aldi, B&M and Lidl.

The business has seen strong commercial momentum in recent years, underpinned by investment in digital print technology and increasing demand for personalised and small-batch packaging. Kalas’s ability to produce low-volume runs efficiently has enabled it to carve out a niche in the packaging market, particularly for clients seeking greater flexibility and reduced lead times.

The funding through the Midlands Engine Investment Fund II will support Kalas’s continued growth strategy, including the creation of new jobs, expansion of its customer base, and investment in scaling production to meet increasing demand across its core markets.

Kalas Packaging team

"From the initial application through to the legal process, our experience with Maven has been slick, efficient and refreshingly straightforward. The working capital facility they have provided is already proving invaluable as we continue to succeed in the niche markets we operate in. Without their support, our growth could easily have been constrained by the risk of overtrading."

Jonathan Padley, Managing Director at Kalas Packaging

"Kalas is a great example of a well-run regional business that has carved out a strong niche through quality, speed and flexibility. The team has invested in the right areas and built a reputation as a trusted supplier to some of the UK’s biggest names. We’re delighted to support their growth journey and look forward to working with them as they scale further."

Richard Altoft, Investment Director at Maven

“The Midlands Engine Investment Fund II has been supporting manufacturing businesses across the whole of the Midlands since its inception. It is encouraging to see more companies like Kalas benefitting from the Fund and thriving in their respective markets. This latest investment will help the business continue to grow in order to meet increasing customer demands."

David Tindall, Senior Investment Manager at British Business Bank

This latest investment adds to a growing list of businesses backed by MEIF II - Debt Finance East and South East Midlands. To date, the Fund has backed a diverse range of businesses including, Sleaford Building Services, mechanical, electrical and construction contractor, Lemon and Lime, a home staging business, TextureJet, a DeepTech firm, Sunset Commercial, a commercial brokerage business, Panoramix, an IP law firm, Advance Tapes, an independent adhesive tapes manufacturer, DUKE Distribution, a logistics and trackway installation provider and Vision4Sport, a sports hospitality specialist.

As Fund Manager of MEIF II - Debt Finance East and South East Midlands, Maven can provide business loans from £100,000 to £2 million to support both earlier and later stage businesses with real growth potential across a range of sectors. If your business, or the business you advise, is considering debt finance to support future growth please, click here.