A Wirral manufacturer that supplies chocolate coating and polishing machines to chocolate makers all over the world has secured new funding for expansion. Tony McDonough reports
Wirral chocolate machine manufacturer DT&G Engineering aims to treble its sales after securing a new injection of cash.
Its DTG Finn brand is globally recognised in the chocolate industry. Founded in 1962 in a small workshop in Birkenhead, the business is responsible for the coating on many products made by international chocolate producers.
Now it has secured funding to support future expansion from NPIF – FW Capital Debt Finance, which is managed by FW Capital and is part of the Northern Powerhouse Investment Fund. The value of the funding has not been disclosed.
This latest working capital boost is helping meet increased demand for DTG Finn’s chocolate coating equipment worldwide and has supported the addition of an apprentice to the team. The company plans to double sales in the next 12 months.
It exports its chocolate equipment across the world and was previously recognised by the late Queen for its services to international trade.
Lyn Pitt, managing director at DT&G Engineering, said: “Our reputation for excellence in the design, manufacture and supply of confectionery equipment is second to none and this is reflected in our increased sales activity.
“The ‘Finn’ name is recognised as the most efficient chocolate coating and polishing machine for dragée production which creates bite size confectionery with hard outer shells.
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“We export worldwide and pride ourselves on our dedication to all our UK and overseas clients. Our focus is on the future and the investment from NPIF & FW Capital helps our cashflow needs and expansion activities as we look to double sales this year.
“I’m delighted we’ve been able to expand our workforce and welcome an apprentice, Adrian Mois, through the MTC, to the team.”
Lewis McMullin, portfolio executive assistant at FW Capital, added: “DT&G Engineering is a fantastic business that is going from strength to strength and leading the way in innovation and the development of confectionery technology.”