She stated:
“The British food and drink industry is leading global innovation right across the food chain. The energy saving technology on show today and Adande’s investment in research and development are fantastic examples of how the sector can become more competitive through reducing its environmental impact. Not only will this technology help to reduce energy consumption and cut costs, it will keep food at its best for longer and help reduce food waste.”
Ian Wood, managing director of Adande, said:
“We have made a significant investment in the design and development of Aircell, with recent laboratory tests and in-store trials bringing the technology within the realms of commercial viability. We are now well placed to work with refrigeration equipment manufacturers and grocery retailers to deliver solutions, which meet the specific needs for sustainable refrigeration, tangible energy savings and an improved shopping experience.”
About Aircell
The Investment
Adande will license the Aircell technology to retail display manufacturers, such as The Bond Group and Manor Concepts, who will sell the complete solution to retailers. The business turns over more than £5 million today, and expects that Aircell will contribute to growth to between £20 million and £30 million by 2018.
Adande has taken on more staff for new engineering, technical, sales, management and administrative roles. The development should boost jobs with its partners and sub-contractors too.