Barrier Group Secures £35M Investment for Renewables Expansion

Barrier Group, a Wallsend-based specialist in protective coatings, offsite construction, and fire protection, has secured a significant investment to fuel its growth. The company, with a current annual turnover of £51 million, aims to double that to £100 million in the next five years. The funding, totaling £35 million from FW Capitals Elevate Fund and a government-backed pot, along with support from Lloyds Bank, will enable Barrier to expand its team, pursue big contracts, and explore new opportunities in the renewables sector, both in the UK and abroad. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f827d7aa846845d0