Quintex, a leading energy and grease management expert for commercial kitchens, is poised for further growth with a £150,000 growth loan from the Thames Valley Berkshire (TVB) Funding Escalator, via appointed fund manager, The FSE Group.
This funding marks a third TVB investment in Quintex, following previous loans in 2020 and 2022, supporting research and development and marketing activity. This latest financial boost will enable the company to hire new staff and expand its cutting-edge solutions designed to help its customers meet environmental targets while enhancing profitability.
Quintex's product offerings include the groundbreaking Cheetah Demand Control Kitchen Ventilation System, Ecofix automatic duct cleaning system, and Biofix biologically friendly drain treatment. These products are designed to significantly reduce energy consumption, lower maintenance costs, and enhance environmental sustainability. The Cheetah system, for instance, can reduce energy costs by up to 80% by optimising ventilation fan speeds to match cooking demands, while Biofix’s eco-friendly formulation of bacteria and green surfactants can effectively tackle Fatbergs by converting fat, grease and food particles to CO2 and water.
Emma Brooks, Managing Director of Quintex, said: “We are thrilled to receive this growth loan, which will allow us to expand our team and continue our mission to reduce energy consumption and environmental impact in commercial kitchens across the UK. The support from The FSE Group over the past five years has been instrumental in our development and success and we look forward to continuing to work with them.”
Established in 1996, Quintex has established itself as a pioneer in energy innovation, with over 6,000 installations across the retail, hospitality, leisure, and government sectors. The company offers a comprehensive turn-key service from design to installation, monitoring, and ongoing maintenance, all supported by on-site R&D and manufacturing at its Berkshire premises.
Cheryl Weeks, Investment Manager at The FSE Group, commented on their continued investment in Quintex: “At The FSE Group, we are committed to supporting innovative companies that are making a tangible impact on sustainability. We have been impressed by Quintex’s consistent growth and dedication to providing cutting-edge energy solutions. This latest loan will help them further strengthen their position in the market and we look forward to being a continued part of their growth journey.”
TVB Funding Escalator is an £11.3m initiative funded by The Skills and Business Hub. The escalator, which includes an Expansion Loan Scheme and a Trade Finance Loan Scheme, provides eligible companies with loans between £50,000 and £500,000 for activities that will deliver high-growth and employment opportunities.