The west London-based manufacturer has asked investors to approve a deal with the BGF that would see Brompton valued at about £180m, Sky News learns.
It was unclear how the valuation implied by the new capital-raising compared with prior valuations of the company.The BGF has invested in hundreds of smaller and medium-sized UK companies since it was established in 2011.
One source said the deal between the BGF and Brompton was"not certain" to be approved by Brompton's eclectic register of shareholders.Based in west London, it unveiled proposals last year for a"revolutionary" new factory aimed at fuelling further international expansion. If a planning application is approved, Brompton plans to open the site in 2027, with its existing home in Greenford operating until at least 2030.Impact of supply chain disruption
In October 2021, he said shortages of key raw materials such as aluminium and steel were posing a particular challenge, with Russia's invasion of Ukraine and rising geopolitical tensions over China further exacerbating the headache for specialist manufacturers.
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