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Birmingham Post
Birmingham Post
Business
Coreena Ford

Teesside Company of the Year Cleveland Containers secures investment from LDC to drive growth plans

The Teesside Company of the Year has secured a minority investment from private equity firm LDC to help steer the firm through the next stage of its growth.

Family-run Cleveland Containers, based in Stockton, won the main prize at the final heat of the North East Business Awards last Thursday, having grown business from first year turnover of £1.1m in 2011 to £60m this year.

Now the company – which supplies hundreds of shipping containers every week as well as providing modification services and site accommodations – has sealed the minority investment from leading mid-market private equity firm LDC, to support the next stage of its growth journey.

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