ConstructionWorX DIGITAL
Investment, technology and people drive FuelActive global growth ambitions FuelActive, the Wales-based clean diesel technology developer, has received financial backing to drive forward growth in a wide variety of diesel engine applications. The company, which produces a range of clean diesel pick-up systems, benefits from recent equity investment from the Development Bank of Wales, along with the private equity syndicate Adjuvo. The business has also been awarded an Innovate UK Smart Grant, as it looks to broaden its digital capabilities. The company has invested in its leadership team, as CEO Nick Massey looks to drive growth and appoint distribution partners in key markets around the world. New additions include former JCB directors Max Lytle and Matthew Hyde, along with former JCB
16 JUNE 2021
engine programme director Alan Tolley, who will play an advisory role. Additional sector experts are being recruited to drive sales. “We’ve boosted the team with respected, world-class, contributors to power growth,” said Massey. “We will continue to engage OEMs and operators directly and are now expanding the business through distribution networks, initially targeting the Middle East, India and the US. We are actively looking for local distribution partners for those territories.” The patented FuelActive unit replaces a standard fuel pick-up pipe, to
