Acquisition Opportunity – Clean Cold Power

Sale Type: Business Sale
End date: 23/05/2024

Contact: Jake Nixon
T. 07931 852 797
E. jake.nixon@babr.co.uk

 

Description

Clean Cold Power UK Limited has appointed Paul Bailey and Tom Ahmad of BABR, as Joint Administrators of the Company.

The Company which started trading following the purchase of the business and assets of the Dearman Engine Company in 2020, is developing the Dearman Transport Refrigeration Unit (TRU), a zero emission TRU, which runs on liquid Nitrogen and is powered by the revolutionary Dearman Engine.

CCP Investment Deck April 2024 v 3-0

Unfortunately, the company found itself unable to secure the additional funding required to run the final stage developments and was forced to cease trading.

The Joint Administrators are seeking to sell the Company’s assets including the intellectual property of the Dearman TRU and any interested parties should contact:

Jake Nixon

jake.nixon@babr.co.uk

or via telephone at 07931 852 797.

Expressions of interested are required by Thursday 23rd May

 

Press Enquiries to: Katie Tew

katie.tew@babr.co.uk

or via telephone at 07775 557 997