Nottinghamshire-based company, Doff Portland Limited, has secured investment from The Coalfields Funds to support its ongoing development and working capital requirements.

The company, which is based in Hucknall, is an independent, family-owned business which was founded in 1946 by the father of the current Chairman. It is the UK’s largest independent manufacturer of insecticides, slug pellets, weed-killers and garden products for use in both the domestic and agricultural markets, as well as a supplier of own brand products to a number of major UK retailers. 

The Coalfields Funds provided an equity investment as part of an overall funding package which also included further equity funding and support from the company’s bank.

Simon Ward, EV Investment Director for the deal who works from EV’s Birmingham office, commented, “The Coalfields Fund are delighted to be able to support Graham  Whyatt and his team in taking Doff on to the next stage of its development. As a significant local employer and an integral part of the community, we look forward to a productive partnership over the coming years”.

Jonathan Diggines, EV’s Chief Executive, said, “The Coalfields Fund have been active investing in the Midlands region for some time and we have seen an increase in the level of demand from companies located in the Coalfields areas of England that are looking for equity funding”.

Doff’s Chairman, Graham Whyatt, commented, “This is great news, not only for Doff but, as one of Hucknall’s largest employers, for the whole community. We have in place a superb management team, a loyal and dedicated workforce and now the financial backing of the Coalfields Funds to develop our ideas to write the next successful chapter in the history of Doff”.