Dental firm Optimum makes Positive move

A NEW business on a buy and build strategy has snapped-up a £6m turnover Bury denal laboratories firm 1st Dental Products.

Optimum Dental Group has sealed a £950,000 invoice finance facility from Positive Cashflow Finance to support its acquisition and growth plans.

The funding line from Manchester-based Positive will provide Optimum with the working capital it needs to fund its current and growing operations.  
 
Chairman Simon Ashton said: “To support our plans, we needed a partner who understood the potential of our business. This gave us the confidence we needed to move forward with them and are now looking forward to developing Optimum’s business together.”
 
Phil Chesham, sales and marketing director at Positive, added: “The working capital that we can provide will help the company achieve its true growth potential and reinforce its ambition to become the leading British network of dental laboratories.”