Vacuum Furnace Engineering

Deal Type
Debt Finance

Initial Investment
October 2019

Sector
Industrials & Engineering

Fund
MEIF Maven Debt Finance

Status
Realised

Vacuum Furnace Engineering is a leading specialist in the service, repair and overhaul, as well as supply and design of vacuum furnaces and autoclave and serves a range of blue-chip customers from various sectors including aerospace, automotive, medical and general engineering. Vacuum furnaces are used to heat treat metals and ceramics at high temperatures without exposure to air, whilst autoclaves are used to heat treat composite materials at high pressure and low temperatures.

According to Market Research Future, due to increased demand environmental pressure, many industries are seeking to reduce their carbon footprint and demanding improved fuel efficiency, leading to growth in the use of titanium metal. This is good news for companies like VFE, as materials such as titanium require heat treatment in vacuum furnaces.

Vacuum Furnace Engineering

The funding package we have received from MEIF Maven will support us as we approach a period of rapid growth for the business. Our products and services have seen increased demand and we are extremely excited to deliver our growth plans. 

David Byrne, CEO of Vacuum Furnace Engineering

Meet the lead executive(s)

Chris Rogers
Chris Rogers

Investment Manager

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