The Purico Group invests millions of pounds a year. This activity is channelled through a range of investment, intermediate and ultimate holding companies in Britain, other parts of Europe and the USA.
One of these companies has recently invested in a euro-based Mezzanine fund and a development fund for India, financing the construction of hotels, shopping centres and apartments in cities across the country.
Closer to home in Nottingham, where Purico is based, we are a core investor in the Foresight Nottingham Fund which was created to help small and medium-sized enterprises in the area. In addition to supporting the fund financially, we are offering office space, free of charge for a limited period, to encourage businesses to move to the city.
The group has made a variety of investments in North America. These include a large industrial manufacturing facility, as well as a number of residential properties and stationery stores.
We have invested in private equity funds operated by major banks and venture capital funds, while one of our holding companies is an equity investor in a boutique finance house. This company also holds shares in privately and publicly quoted companies outside the group.
One of our more unusual investments was the purchase of a tea plantation producing fine Oolong tea which is widely considered to be the best in the world. It is grown in Anxi County, the tea capital of China, and costs around $150 per 20g of tea.
These are just some examples of the types of funds and projects we inject money into, illustrating the diversity of our investment vehicles. We are unable to disclose all of our interests due to commercial sensitivity.