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Birmingham Post
Birmingham Post
Technology
Sion Barry

Maritime tech firm Idwal sets new expansion course on eight-figure equity boost

Tech-enabled inspection services provider for the global commercial shipping sector, Idwal Marine Services, has secured an eight-figure equity investment to support its expansion plans.

The investment into the Cardiff-based firm, the exact value of which has not ben disclosed, has been made by private equity firm LDC.

Idwal provides specialist asset condition and integrity inspection services, fleet monitoring and data services for customers across the marine industry. It employs 55 people at its head office at Caspian Point in Cardiff Bay, in addition to a number of remote workers throughout the UK and internationally in Greece, China and Japan.

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