Balmoral Group’s storage tanks business is tapping into the growing green energy market with new products following a £20 million investment at its base in Yorkshire.
Balmoral Group Holdings reported a “mixed year” as it posted its first loss since 2007.
Balmoral Tanks has lost a long-running legal fight with the Competition and Markets Authority (CMA) after a court upheld a £130,000 fine imposed by the regulator.
Balmoral Tanks has clinched a majority share in a UK legionella compliance and water treatment company.
Balmoral Group’s tanks business has added another string to its bow following the takeover of a Chesterfield-based company.
Balmoral Group’s £10million investment in a new factory in Yorkshire is expected to create new employment opportunities in the area.