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Mini-Cam grows revenues past £10m
Mini-Cam, the private equity-backed pipeline inspection equipment specialist in Warrington, has grown revenues past the £10m mark fuelled by soaring export sales.
Mini-Cam has upped revenues by 40 per cent to £10.6m in the 12 months to 31 January 2016. Exports increased to account for 48 per cent of overall turnover, up from 41 per cent last year.
The US market has contributed the strongest rise after Mini-Cam signed up a new distributor. Sales have also climbed in the Middle East, Scandinavia, the Baltic states and Ireland, while a deal to become the main supplier to German firm Ehle-HD has supported growth in continental Europe and the business has started exporting to China.
The company now has distributors in 31 countries and expects to further expand its network during the coming months. Read more