Maven Capital Partners has provided Shawpak Limited with a £500,000 funding package through the British Business Bank’s Midlands Engine Investment Fund II.

The investment will support Shawpak’s move to a larger, modern facility in Derby, enabling the business to expand production capacity, build and test bigger machines, and scale its service and spares operations.

Founded in 2013, Shawpak is a UK manufacturer of specialist packaging machinery for the medical sector. Its rotary thermoforming technology provides a compact and efficient alternative to traditional machines and is now used by major medical device manufacturers worldwide.