Southport company Inciner8 bought out by Chiltern Capital

Southport-based Inciner8 has been bought out by private equity firm Chiltern Capital for an undisclosed fee.

The Canning Road company, which bespoke designs and builds incinerators for businesses, governments, health services, charities, NGOs and aid agencies, now exports to more than 180 countries, and its products have played a leading role in supporting numerous humanitarian crises, including the Ebola epidemic in West Africa.

Inciner8 also developed the world’s first mobile human crematorium in 2017, which is fully portable and can be relocated rapidly to any location around the globe.

Founder Vince Ferguson, who received an OBE in 2018, will depart the company, with Chiltern Capital taking the majority stake in the company.

David Butler, investment manager at Chiltern said: “We are please to partner with Mike and the rest of the Inciner8 team and look forward to supporting the business as it capitalises on its strong market position to grow its product range, service offering and global reach.”