London, UK: Temperature-controlled container service provider Tower Cold Chain has been added to the Financial Times’ annual list of Europe’s 1000 fastest-growing companies.
Based on revenue growth of European companies between 2018 and 2021, the pharmaceutical cold chain service provider ranked 525th place.
Tower has received £13m investment since 2020 from Investec, funding which has helped Tower to grow its container stock and develop a world wide network of hubs.
Arjun Chopra, head of private capital, Investec Bank, said: “It is heartening to see the company recognised at the highest levels of the European financial community. The FT Fastest Growing Companies is a bellwether for business excellence and Tower has rightly been rewarded for their exceptional performance. We look forward to working with the Tower team as the business grows from strength to strength.”
The company launched its latest passive container last year, the KTEvolution – its smallest and first manually handleable container, designed for last-mile deliveries and clinical trials.
