UK-based Salford Valve Company (Salvalco) has received an investment from personal care giant Beiersdorf. The investment follows the launch of Salvalco’s Eco-Valve aerosol valve, which uses ecologically sustainable propellants.
Founded in 2013, Salvalco developed the Eco-Valve based on prior research by the Spray Research Group at Salford University. The Eco-Valve allows eco-friendly inert gases, such as nitrogen or simple fresh air, to be used as propellants in aerosol sprays.
The equity investment from Beiersdorf’s venture platform, OSCAR&PAUL Beiersdorf Venture Capital, underlines the company’s ambition to drive sustainable innovations under its new sustainability agenda and its C.A.R.E+ corporate strategy.
The partnership will support Salvalco’s further research and commercialisation of the patented Eco-Valve technology across the global aerosol industry, while strengthening Beiersdorf’s sustainability credentials.
“We are thrilled to have Beiersdorf on board,” said Salvalco chairman Paul Martin. “We believe that by collaborating with this high-profile consumer goods expert, we will significantly expand the potential of our Eco-Valve technology and accelerate our impact within the aerosol supply chain – for the benefit of the environment, consumers and the industry.
“This is the first of many exciting partnerships that the company is working on as we see interest in the Salvalco Eco-Valve technology gain momentum. The partnership is also a great demonstration of a shared commitment to supporting the environment and we look forward to welcoming others on that journey.”
Ascan Voswinckel, head of OSCAR&PAUL Beiersdorf Venture Capital, said: “Salvalco is an exciting investment and fits with our recently extended corporate sustainability ambitions for a carbon positive future.
“In these very challenging times, we are particularly committed to investing in visionary and innovative companies. We are looking forward to supporting Salvalco in its progress and applying Beiersdorf’s industry expertise in making a positive impact.”
Salvalco also provides valve designs that can be used across a range of product viscosities and product types, covering over 85% of aerosol applications across most industry sectors. The Eco-Valve can be used on existing aerosol filling lines with ‘minimal adaptation’, according to the firm.