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Tower Cold Chain wins more investment funds

[ July 21, 2022   //   ]

Pharmaceutical temperature-controlled specialist Tower Cold Chain has secured a £6.75million from Investec bank, following an initial injection of £6million into the business two years ago.

As well as manufacturing more stock and expanding into new hubs to fuel rising demand, Tower will also invest in digitalisation and implement the latest digital capabilities, such as Internet of Things

Tower recently opened a Centre of Excellence at its global HQ in Reading, England which it now plans to replicate in the Americas and Asia-Pacific.

The Centres will lead Tower’s drive towards diversification, seen most recently in the launch of the KTEvolution concept for smaller shipments such as clinical trials and direct-to/from-patient treatments.

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