Major Investment in Nandi Proteins
13/02/2006

The Sigma Technology Venture Fund (STVF), a fund managed by Sigma Technology Management Ltd, has led a total investment round in Nandi Proteins Limited (“Nandi”) of £660,000. STVF invested £300,000 as lead investor alongside the Scottish Co-investment Fund, which invested £300,000 and a group of individuals, including the Chairman invested £60,000.

This investment in Nandi follows two previous investments led by Sigma and takes the total funding arranged by Sigma to £1,000,000.

David McCartney, formally Managing Director of Fiske Food Limited and recently a Director of Mayfair Foods Limited, joined Nandi Proteins as CEO immediately prior to the investment.
 
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