#| Home | Contact Summit Group
Summit Group home link Helping businesses succeed
About Us link
Investment Criteria link
Seeking Investment link
Case Studies link
Current Portfolio link
Realisations link
Seraphim Capital link
Press Centre link
Career Opportunities link
#
Case Study

MedTrade Products
26.8% owned by Summit Group


Summit originally invested £100,000 for a 25% shareholding in May 2000. It also provided a £100,000 loan, which was drawn and then fully repaid in October 2004. It has since provided a further £230,000 in equity finance and now has a shareholding of 26.7%. Set up by three industry experts, the business produces specialist products in the woundcare and related industries for large pharmaceutical and FMCG companies.

MedTrade’s expertise lies in obtaining the necessary CE marking and FDA approvals for its products in timescales that fit its customers’ needs for products to be on sale at particular times. In the year to 28 February 2011 it achieved overall sales and profits of £8.1 million and £1.4 million respectively, both record figures.

More importantly the year also saw the first year of profits for Medtrade"s revolutionary new haemostat product, Celox; on the back of an increase in sales from £1.1 million tro £2.6 million, this part of the business produced profits of over £500,000. The Celox product is now being used across the world by a considerable number of military forces and first responder units, with great praise for its efficacy.

On the back of these advances and a much enhanced portfolio of intellectual property assets, Summit"s shareholding is now valued at over £2.1 million.

Click here for MedTrade Products company profile.

#
 

 
Contact details
MedTrade Products

Craig Hardy (Managing Director)  
 
Electra House  
Crewe Business Park  
Crewe  
 
CW1 6GL  
 
Tel: 01270 500019  
Fax: 01270 500045  
Email: craighardy@medtradeproducts.com
WWW:
http://medtrade.co.uk  
 
 
 
 
 
 
 
 
 
 
#About Us | Investment Criteria | Seeking Investment | Case Studies | Current Portfolio | Career Opportunities | Cookie Policy

Cookies on the Summit Group website

We use cookies on our website. By continuing to use the site, you agree we can set and use cookies. However, if you would like to, you can change your cookie settings at any time. Find out more about cookies on our site on our cookie page »