The Company and Our Investment
In March 2010, Octopus invested £2 million into Frankis Solutions Ltd (FSL). The investment will provide working capital to strengthen the balance sheet, recruit additional specialist staff in order to expand its geographical footprint across the UK, and make selective investments in capital equipment.
FSL focuses on the reclamation, remediation and restoration of contaminated land for redevelopment. The combined skills and technical expertise of the management team enable FSL to undertake every aspect of reclamation from demolition and site clearance to the complex process of remediation of highly contaminated land and the construction of infrastructure and foundations.
FSL works across a wide range of sectors in the construction industry such as residential housing, energy and infrastructure. Clients include national and regional house builders, land developers and major civil engineering contractors.
"We pride ourselves on our ability to find innovative and cost effective solutions to ground related productions. We have the knowledge and skills to drive the business forward but the downturn has severely restricted our ability to fund that growth. The investment from Octopus comes at a perfect time and will allow us to both consolidate our position and fund the next stage of growth."
Andy Frankis, MD of Frankis Solutions Limited