Chamberlin PLC (AIM:CMH) chief executive Kevin Price joined Proactive's Stephen Gunnion with details of a £1.8 million capital raise as the company's recovery gains traction.
Price telling Proactive that the funds will bolster its working capital and help grow e-commerce brands, IFW gym equipment and Emba Cookware.
Chamberlin is also investing in its Russell Ductile Castings business and has planned a major expansion of the facility so it can take full advantage of a resurgence in demand.