Ccm TECHNOLOGIES SECURES GROWTH CAPITAL for NET ZERO CARBON SOLUTIONS

Total Page：16

File Type：pdf, Size：1020Kb

CCm TECHNOLOGIES SECURES GROWTH CAPITAL FOR NET ZERO CARBON SOLUTIONS Oxford, United Kingdom, December 17th, 2020: Award-winning cleantech firm CCm Technologies has successfully completed a Series A Funding Round with the continued support of its existing shareholders and three new investors. Investment secured will enable CCm to exploit opportunities in their three core sectors – wastewater, food waste and agriculture – in the United Kingdom and internationally. The round was led by Wittington Investments, whose principal investment is a majority holding in Associated British Foods plc (ABF). ABF is a diversified global food, ingredients and retail group with annual revenues of c.£14 billion. ABF owns businesses such as Primark, Twinings Ovaltine and British Sugar. CCm is delighted to welcome Garth Weston onto its board and Rebecca Pearson as a board observer. This announcement follows the hugely successful launch earlier this month of CCm’s partnership with Pepsico and Walkers Crisps. -ENDS- Notes to editors CCm Technologies Ltd. is an award winning cleantech company, which optimises resource use including Carbon Capture and Utilisation (CCU) solutions, including the production of net zero carbon fertilisers (see Sustainable Markets Initiative’s RE:TV video and CCm Technologies’ Q&A for more information). CCm's technology converts captured carbon dioxide and other waste streams (such as Ammonia and Phosphate) into stable value-added materials with multiple uses across global priority sectors of food/agriculture, advanced materials & energy storage. CCm’s innovative and collaborative solutions allow a wide range of businesses to generate commercial value from captured carbon and other agricultural and industrial waste streams while also delivering improved sustainability. In December 2020, CCm announced that its technology would be installed at Walkers Crisps’ Leicester factory in order to manufacture low-carbon, nutrient-rich fertiliser from waste potato peel. This is expected to reduce Walkers’ carbon emissions from growing potatoes by 70%. CCm Technologies is based in Oxford and Swindon and was established in 2011. CCm is a member of the Sustainable Markets Council, an initiative of HRH the Prince of Wales with the support of the World Economic Forum. (Link). The company has also received the coveted Solar Impulse Foundation Efficient Solutions Label (Link). For more information, visit www.ccmtechnologies.co.uk Wittington Investments Limited is a privately owned company which invests in a variety of asset classes. Its main investment is its majority holding in Associated British Foods plc, itself a diversified international food, ingredients and retail group, comprising such businesses as Primark, British Sugar, Twinings and Ryvita. Wittington also owns the upscale retail brands Fortnum & Mason and Heal’s and invests selectively to take direct ownership stakes in companies with long term growth potential as well as investing in other financial and property assets. For more information, visit https://www.wittington- investments.co.uk CCm Technologies Contact: Isabella Gornall ([email protected]; +44 7503 054880) © 2020 CCm Technologies Limited (Company Nbr. 07633047) | Oxford University Begbroke Science Park, Woodstock Road, OX5 1PF, United Kingdom .

Copy Link

Recommended publications

Cathy Pharoah Catherine Walker
DIRECTORY OF SOCIAL CHANGE The Values of Corporate Giving An overview of models with case studies Cathy Pharoah Catherine Walker January 2015 DIRECTORY OF SOCIAL CHANGE Preface This paper is one of two complementary reports setting out the results of new research on corporate community support. One looks at how companies seek to embody different kinds of values, in different ways, when they develop their voluntary and community sector giving programmes. The other, in the context of current interest in developing ‘big data’ to increase our insights into various market sectors, reviews and updates the state of data on corporate giving, and its potential for links with other kinds of data on companies. The research programme was funded by ESRC Research Grant Ref. ES/F034113/1. The two-paper set consists of: The Values of Corporate Giving: An overview of models with case studies by Catherine Walker, Cathy Pharoah and Meta Zimmeck, a joint CGAP-Directory of Social Change (DSC) paper, which explores through a set of case-studies the ways in which company giving today variously expresses company values. The Values of Corporate Giving: An update on key figures and trends by Meta Zimmeck and Cathy Pharoah, CGAP@Cass, which reviews the nature of methodologies used in research on corporate giving and concludes that the diverse and fragmented nature of the approaches to this topic presents a barrier to developing a coherent understanding and the scope for ‘bigger’ data. In this context, it also provides an overview of the research on motivation and values of corporate giving in companies, with an update of trends in the annual amount given.
[Show full text]
The Largest Family Businesses in the UK (Pdf)
THE LARGEST FAMILY BUSINESSES IN THE UK RepGraph 2020 THE IFB RESEARCH FOUNDATION The IFB Research Foundation is a charity (no. 1134085) established to foster greater knowledge and understanding of family firms and their contribution to the economy and society, as well as the key challenges and opportunities that they face. The Foundation’s vision is to be the UK’s centre of excellence for family business research, and to this end its publications are designed to create a better understanding of family business for the benefit of all stakeholders. Alongside Family Business Research and White Papers, providing thought leadership on key family business characteristics and issues, its work covers a broad range of publications, including: • Family Business Sector Report – benchmarking the size and importance of the sector. • Family Business Challenges – offering practical guidance for family business owners on a broad range of topics, including family business dynamics, governance, performance, succession and wealth management. • Family Business Case Studies – showcasing family business exemplars. The Foundation disseminates knowledge and best practice guidance through printed publications, online media accessible via the IFB website and other activities. ifb.org.uk/ifb-research-foundation THE INSTITUTE FOR FAMILY BUSINESS The Foundation is independent of, but works closely with the Institute for Family Business (IFB), the not-for-profit UK family business organisation. With over 200 family business members, the IFB is also part of a global network of 4,000+ connected family companies (the Family Business Network international). Founded by a group of family business owners, the IFB has been supporting and championing family business since 2001.
[Show full text]
Annual Report and Accounts 2019 Accounts and Report Annual
Associated British Foods plc Annual Report and Accounts 2019 ANNUAL REPORT AND ACCOUNTS 2019 Grocery Contents Strategic report 1 Financial headlines 2 Our businesses at a glance Read more 4 Chairman’s statement page 12 6 Chief Executive’s statement 8 Group business model and strategy 10 Key performance indicators 12 Operating review 12 Grocery Sugar 22 Sugar 30 Agriculture 34 Ingredients 40 Retail 50 Financial review 53 Responsibility 62 Principal risks and uncertainties 67 Viability statement Governance Read more 68 Board of directors page 22 70 Corporate governance 83 Remuneration report 107 Directors’ report 110 Statement of directors’ responsibilities Agriculture 111 I ndependent auditor’s report Financial statements 119 Consolidated income statement 120 Consolidated statement of comprehensive income 121 Consolidated balance sheet 122 Consolidated cash flow statement 123 Consolidated statement of changes in equity 124 Significant accounting policies Read more 131 Accounting estimates page 30 and judgements 132 Notes forming part of the financial statements 176 Company financial statements Ingredients 183 Progress report 184 Company directory Read more page 34 Retail Read more page 00 Read more page 40 Well-loved ABOUT household brands ASSOCIATED 9/10 BRITISH UK households use FOODS our brands Our purpose is to provide safe, nutritious, affordable food and clothing that is great value for money. A leader in our markets Grocery Retail Our grocery brands occupy leading Primark is the largest clothing, positions in markets across the footwear and accessories globe. In the UK, nine out of ten retailer in the UK, and also has a households use our brands. significant store portfolio in ten European countries and in the US.
[Show full text]
Associated British Foods
WorldReginfo - 4aa9e961-7187-463d-853b-cdef76c17115 - WorldReginfo Annual Report and Accounts 2017 A VERY PRODUCTIVE YEAR Associated British Foods plc Annual Report and Accounts 2017 CONTENTS STRATEGIC REPORT Associated British Foods is a diversified IFC Financial headlines 02 Our businesses at a glance international food, ingredients and retail 04 Chairman’s statement group with sales of £15.4bn, 133,000 06 Chief Executive’s statement 08 Group business model employees and operations in 50 countries and strategy 10 Key performance indicators across Europe, southern Africa, the 12 Business strategies 14 Operating review Americas, Asia and Australia. 14 Grocery 22 Sugar Our purpose is to provide safe, nutritious, 30 Agriculture 36 Ingredients affordable food and clothing that is great 40 Retail 48 Financial review value for money. 50 Corporate responsibility 54 Principal risks and uncertainties 59 Viability statement FINANCIAL HEADLINES Group revenue Adjusted operating profit GOVERNANCE 60 Board of directors £15.4bn £1,363m 62 Corporate governance 75 Remuneration report Actual: +15% Constant currency: +6% Actual: +22% Constant currency: +13% 94 Directors’ report Adjusted profit before tax Adjusted earnings per share 98 Statement of directors’ responsibilities 99 Independent auditor’s report £1,310m 127.1p Up 22% Up 20% FINANCIAL STATEMENTS Dividends per share Gross investment 107 Consolidated income statement 108 Consolidated statement of comprehensive income 109 Consolidated balance sheet 41.0p £945m 110 Consolidated cash flow statement
[Show full text]
Merger Announcement - M/15/036
MERGER ANNOUNCEMENT - M/15/036 Competition and Consumer Protection Commission clears proposed acquisition by Fitzwilliam Finance Partners Limited and Wittington Investments Limited of Arnotts Holdings Limited 26/08/2015 On 21 August 2015, the Competition and Consumer Protection Commission cleared the proposed transaction whereby Fitzwilliam Finance Partners Limited and Wittington Investments Limited would acquire Arnotts Holdings Limited (“Arnotts Group”). The proposed transaction was notified under the Competition Act 2002, as amended, on 13 July 2015. The proposed transaction will ultimately result in Wittington Canada having sole control of the “Arnotts” store and building in Dublin city centre and Fitzwilliam having sole control of the remaining assets in the Arnotts Group (which include the “Boyers” store in Dublin city centre and other properties in the area). The Commission has formed the view that the proposed transaction will not substantially lessen competition in any market for goods or services in the State. The Commission will publish the reasons for its determination on its website no later than 60 working days after the date of the Determination and after allowing the parties the opportunity to request that confidential information be removed from the published version. Additional Information Arnotts is a multi-category retailer with a mix of own-label and branded products. It operates two stores in Dublin city centre under the names Arnotts and Boyers and provides online retailing through its website. Arnotts also operates a car park beside its outlet on Henry Street in Dublin city centre and it owns a number of rental properties surrounding its Henry Street outlet. Wittington Canada is the holding company for the Weston Group, Wittington Properties and the Selfridges Group: • The Weston Group owns a number of public and private entities, including George Weston Limited, in North America.
[Show full text]
The Home of Business Intelligence
an informa business MarketLine Strategy, SWOT and Corporate Finance Report Associated British Foods plc London Stock Exchange (ABF) December 2014 REFERENCE CODE: D886F8BC-2D7F-4694-9934-DE660A3D64CB PUBLICATION DATE: December 2014 WWW.MARKETLINE.COM MARKETLINE. THIS PROFILE IS A LICENSED PRODUCT AND IS NOT TO BE PHOTOCOPIED COMPANY SNAPSHOT COMPANY SNAPSHOT Reference Code : D886F8BC-2D7F-4694-9934-DE660A3D64CB Publication Date: December 2014 Associated British Foods plc Fax: 44 20 7399 6580 Weston Centre Phone: 44 20 7399 6500 10 Grosvenor Street Website: www.abf.co.uk London W1K 4QY Industry: Consumer Packaged Goods United Kingdom Overview Associated British Foods (ABF or 'the group') is a diversified food, ingredients and retail group. The group operates in Europe, Africa, Australia, the Americas and Asia. It is headquartered in London, the UK and employed about 112,652 people, on an average, for the year ending September 2013. The group recorded revenues of £13,315 million (approximately $20,796.7 million) in the financial year ended September 2013 (FY2013), an increase of 8.7% over FY2012. The operating profit of the group was £1,093 million (approximately $1,707.2 million) in FY2013, an increase of 25.2% over FY2012. The net profit was £591 million (approximately $923.1 million) in FY2013, an increase of 6.5% over FY2012. SWOT Strengths Weaknesses Diversified set of businesses insulates the group from Dependence on the UK market business-specific risks Primark brand in the value retail space Focus on sustainability Opportunities Threats Growth potential in the bio-fuels market Intense competition Growing preference of customers to shop online Increasing labor cost in the US and the UK Positive trends in the global industrial enzymes market Key Employees Employee Name Job Title Board George Weston Chief Executive Officer Executive Board John G.
[Show full text]
ANNUAL REPORT and ACCOUNTS 2019 Grocery
ANNUAL REPORT AND ACCOUNTS 2019 Grocery Contents Strategic report 1 Financial headlines 2 Our businesses at a glance Read more 4 Chairman’s statement page 12 6 Chief Executive’s statement 8 Group business model and strategy 10 Key performance indicators 12 Operating review 12 Grocery Sugar 22 Sugar 30 Agriculture 34 Ingredients 40 Retail 50 Financial review 53 Responsibility 62 Principal risks and uncertainties 67 Viability statement Governance Read more 68 Board of directors page 22 70 Corporate governance 83 Remuneration report 107 Directors’ report 110 Statement of directors’ responsibilities Agriculture 111 I ndependent auditor’s report Financial statements 119 Consolidated income statement 120 Consolidated statement of comprehensive income 121 Consolidated balance sheet 122 Consolidated cash flow statement 123 Consolidated statement of changes in equity 124 Significant accounting policies Read more 131 Accounting estimates page 30 and judgements 132 Notes forming part of the financial statements 176 Company financial statements Ingredients 183 Progress report 184 Company directory Read more page 34 Retail Read more page 00 Read more page 40 Well-loved ABOUT household brands ASSOCIATED 9/10 BRITISH UK households use FOODS our brands Our purpose is to provide safe, nutritious, affordable food and clothing that is great value for money. A leader in our markets Grocery Retail Our grocery brands occupy leading Primark is the largest clothing, positions in markets across the footwear and accessories globe. In the UK, nine out of ten retailer in the UK, and also has a households use our brands. significant store portfolio in ten European countries and in the US. Sugar AB Sugar is one of the largest sugar producers in the world.
[Show full text]
Media Brief . 2020
Media Brief n 2020 1 What is the Garfield Weston Foundation? The Garfield Weston Foundation is a family-founded charitable grant-making trust which has donated over £1 billion since being established in 1958, over half of that in the past ten years alone. In the most recent financial year the Foundation gave away over £88 million to over 2,200 charities across the UK. n Having established one of the most respected charitable Covid-19 institutions in the UK, the Weston Family Trustees today remain highly active and hands-on. All Trustees are related to the Founder The Foundation has a strong reputation for the pivotal timing of its and they volunteer a significant amount of their personal time to support, often making grants at a critical point for a charity. It is known review applications, visit charities, conduct referencing and to for its open and straightforward approach – charities don’t have to ensuring that they remain well informed about issues facing the know anyone at the Foundation or have ‘contacts’, just an effective charity sector. solution to meet a real social need. Applications are open and are assessed on their merits. n The Foundation’s funding was established with an endowment of shares in the family business – a successful model that endures The flexible approach was especially demonstrated during the today and as the businesses have grown, so too have the charitable coronavirus pandemic as the Trustees held a range of extraordinary donations. Board meetings to expedite decisions for charities supporting the most vulnerable and isolated. Over £9 million of emergency funding was n Typically, around 2,000 charities of all sizes across the UK benefit released in the first six weeks of lockdown.
[Show full text]
2014-05-27 Competition Authority Clears Acquisition of Arnotts
PRESS RELEASE 27 MAY 2014 Competition Authority Clears Acquisition of Arnotts The Competition Authority has today cleared the proposed acquisition of joint control of Arnotts Holdings Limited by Fitzwilliam Finance Partners Limited/Wittington Investments, Limited and investment funds managed by affiliates of Apollo Management, L.P. The transaction was notified under the Competition Act 2002 on 19 March 2014. The Authority carried out an intensive and extended Phase 1 investigation, which included ongoing contacts with the parties, obtaining the views of competitors, suppliers, and concessionaires, and a survey of 500 customers of Arnotts carried out by Millward Brown on behalf of the Authority. Based on the evidence and information obtained through this investigation, the Authority has formed the view that the proposed transaction will not lead to a substantial lessening of competition in any markets for goods or services in the State. The Authority will publish a public version of the reasons for its determination on its website (www.tca.ie) no later than 26 July 2014 after allowing the parties the opportunity to request that confidential information is removed from the published version. Notes Fitzwilliam Finance Partners Limited is a property company founded for the sole purpose of acquiring joint control of Arnotts. Wittington Investments, Limited is the holding company for the Weston Group, Wittington Properties and the Selfridges Group. The Weston Group owns a number of public and private entities, including George Weston Limited, in North America. Wittington Properties has a number of commercial real estate holdings and investment positions in Canada and the United States. The Selfridges Group owns and operates the following luxury multi- category retailers: Holt Renfrew (nine stores and two outlets in Canada), De Bijenkorf (ten stores in the Netherlands), Selfridges & Co.
[Show full text]
Annual Report and Accounts 2019 Accounts and Report Annual
Associated British Foods plc Annual Report and Accounts 2019 ANNUAL REPORT AND ACCOUNTS 2019 WorldReginfo - 206f70a1-7aaa-4fbe-b979-3725d2a7cc38 Grocery Contents Strategic report 1 Financial headlines 2 Our businesses at a glance Read more 4 Chairman’s statement page 12 6 Chief Executive’s statement 8 Group business model and strategy 10 Key performance indicators 12 Operating review 12 Grocery Sugar 22 Sugar 30 Agriculture 34 Ingredients 40 Retail 50 Financial review 53 Responsibility 62 Principal risks and uncertainties 67 Viability statement Governance Read more 68 Board of directors page 22 70 Corporate governance 83 Remuneration report 107 Directors’ report 110 Statement of directors’ responsibilities Agriculture 111 I ndependent auditor’s report Financial statements 119 Consolidated income statement 120 Consolidated statement of comprehensive income 121 Consolidated balance sheet 122 Consolidated cash flow statement 123 Consolidated statement of changes in equity 124 Significant accounting policies Read more 131 Accounting estimates page 30 and judgements 132 Notes forming part of the financial statements 176 Company financial statements Ingredients 183 Progress report 184 Company directory Read more page 34 Retail Read more page 00 Read more page 40 WorldReginfo - 206f70a1-7aaa-4fbe-b979-3725d2a7cc38 Well-loved ABOUT household brands ASSOCIATED 9/10 BRITISH UK households use FOODS our brands Our purpose is to provide safe, nutritious, affordable food and clothing that is great value for money. A leader in our markets Grocery Retail Our grocery brands occupy leading Primark is the largest clothing, positions in markets across the footwear and accessories globe. In the UK, nine out of ten retailer in the UK, and also has a households use our brands.
[Show full text]
Annual Report and Accounts 2020 Accounts and Report Annual
ASSOCIATED BRITISH FOODS PLC ANNUAL REPORT AND ACCOUNTS 2020 ANNUAL REPORT AND ACCOUNTS 2020 IS TO PROVIDE SAFE, NUTRITIOUS, AFFORDABLE FOOD AND CLOTHING THAT IS GREAT VALUE FOR MONEY Photographed on our cover are ﬁve of the many colleagues who rose to the challenges faced during 2020. Read how all of our businesses went above and beyond in our Chief Executive’s statement and operating reviews. Chief Executive’s statement on page 8 Operating reviews from page 22 OUR BRANDS WE ARE ARE LOVED ASSOCIATED BRITISH FOODS 9/10 UK households use our brands Associated British Foods is a diversiﬁed international food, ingredients and retail group with sales of £13.9bn, 133,000 employees and operations in 53 countries across Europe, Africa, the Americas, Asia and Australia. OUR PRESENCE IS GLOBAL countries operated 53 in worldwide OUR VALUES ARE LIVED We respect everyone’s dignity We act with integrity We progress through collaboration We pursue with rigour OUR BUSINESSES Agriculture AB Agri is the UK’s largest ARE DIVERSE agri-food company and a global leader in nutrition, science and technological innovation in animal feed. Grocery Ingredients Our grocery brands occupy Our Ingredients business leading positions in markets is a leader in yeast, bakery and across the globe. In the UK, specialty ingredients for the nine out of ten households use food, feed and pharmaceutical our brands. industries. Sugar Retail AB Sugar is one of the largest Primark is one of the largest fashion sugar producers in the world. retailers in Europe and the largest Illovo is the largest sugar producer clothing, footwear and accessories in Africa and British Sugar is the retailer by volume in the UK.
[Show full text]
Associated British Foods Plc Annual Results Announcement Year Ended 16 September 2017
For release 7 November 2017 Associated British Foods plc Annual Results Announcement Year ended 16 September 2017 1 For release 7 November 2017 ASSOCIATED BRITISH FOODS PLC RESULTS FOR 52 WEEKS ENDED 16 SEPTEMBER 2017 Strong growth for the group Financial Headlines Actual Constant currency Group revenue £15.4bn +15% +6% Adjusted operating profit £1,363m +22% +13% Adjusted profit before tax up 22% to £1,310m Adjusted earnings per share up 20% at 127.1p Dividends per share up 12% to 41.0p Gross investment of £945m Net cash £673m Statutory operating profit up 21% to £1,336m, and with the benefit of a profit on the sale of businesses, profit before tax up 51% to £1,576m and basic earnings per share up 47% to 151.6p George Weston, Chief Executive of Associated British Foods, said: “This was a highly successful year for the group. These results reflect our international diversity, and the strong underlying performance of our businesses was driven by management actions throughout the year. Capital investment was a record as we continued to pursue the opportunities to grow our businesses into the future.” Adjusted operating profit is stated before the amortisation of non-operating intangibles, transaction costs and profits less losses on disposal of non-current assets. These items, together with profits less losses on the sale and closure of businesses, are excluded from adjusted profit before tax and adjusted earnings per share. All adjustments to profit measures are shown on the face of the consolidated income statement. Constant currency is derived by translating the 2016 results at 2017 average exchange rates.
[Show full text]