A company that makes the self-service kiosks used to place orders in Argos stores and fast-food restaurants has secured funding to help it roll out the world’s first self-sanitising kiosk at locations worldwide.
Lazenby Group’s kiosks are used for numerous day to day transactions – at leading coffee chains, cinemas such as Odeon and Cineworld, at NCP car parks and for self check-in at airports. Its latest innovation, the SafeTouch kiosk, uses UVC light to kill germs after each use. It is now set to be installed at airports worldwide after the business won a major contract from Collins Aerospace, a global airport services provider.
Lazenby has secured £650,000 from NPIF II – Mercia Debt Finance, which is managed by Mercia Debt as part of the Northern Powerhouse Investment Fund II (NPIF II), to help it expand production. The funding will be used to build a new 8,000 sq ft facility at its Hull headquarters to house an additional assembly line. It also plans to boost its 28-strong team with the creation of up to 30 new jobs in the next five years.
Lazenby was founded in 1963 by Paul Lazenby as a sheet metal processor. Upon his retirement in 1995 it was acquired by businessman Bill Neale, who made gaming machines and used Lazenby to manufacture his novel ‘coin mechanisms’. Since Bill’s death three years ago, the company has been fully owned by long-standing employees, husband and wife team Neil and Dawn Sewell.
Neil Sewell, Managing Director, said: “Self-service kiosks are increasingly popular but have to be cleaned regularly by hand. Our SafeTouch technology kills germs automatically in just 38 seconds without any human intervention or harsh chemicals and has attracted international attention. The funding will help us increase capacity and work towards our goal to become the largest original equipment manufacturer of kiosks in Europe.”
Rebecca Pickering of Mercia Debt added: “Lazenby has gone from a small metal processor to a market-leading kiosk manufacturer. The company has a history of innovation and its latest product is set to disrupt the industry. We are pleased to help the company to step up production and roll it out worldwide.”
Lizzy Upton, Senior Investment Manager at the British Business Bank, said: “Lazenby Group is a fantastic example of the type of innovation and ambition we’re proud to support through NPIF II. From its base in Hull, the company is not only transforming how self-service technology operates but is also scaling globally with its groundbreaking SafeTouch kiosk. This investment demonstrates how regional businesses in Yorkshire and the Humber can drive international growth while creating skilled jobs and boosting local economies.”
Andrew Bradley at Humber Business Growth Hub provided fundraising advice to Lazenby.
The £660m Northern Powerhouse Investment Fund II (NPIFII) covers the entire North of England and provides loans from £25k to £2m and equity investment up to £5m to help a range of small and medium sized businesses to start up, scale up or stay ahead.
The purpose of the Northern Powerhouse Investment Fund II is to drive sustainable economic growth by supporting innovation and creating local opportunity for new and growing businesses across the North of England. The Northern Powerhouse Investment Fund II will increase the supply and diversity of early-stage finance for the North’s smaller businesses, providing funds to firms that might otherwise not receive investment and help to break down barriers in access to finance.