Fri, 12 Dec 2025 | BUSINESS SALE
Haydale, a Welsh supplier of graphene, has acquired Intelligent Resource Management Limited, trading as SaveMoneyCutCarbon (SMCC), for £17.1 million, as it seeks to transition into a graphene-enabled clean technology platform.
Suffolk-based SMCC, which helps businesses to reduce energy and water consumption, provides ESG consultancy services, project delivery, distribution and installation of smart building, energy efficiency and sustainability technologies. The company has partnerships with a number of leading UK banks, including Lloyds, Barclays and Santander, as well as utilities providers such as Wave.
Haydale will pay an initial consideration of £11.16 million in new shares for the company, along with up to £5.95 million in deferred consideration to be issued over a five year period and subject to share-price conditions.
To facilitate the deal, Haydale has announced a placing of more than a billion new shares of 0.5 pence each, in order to raise £5.9 million each, with Quidos and Barclays to invest £500,000 each, along with a retail offer for a further £500,000.
Through the acquisition, Haydale gains a national customer-acquisition engine, an established B2B sales, design and project delivery capability, as well as a scalable commercial platform to deploy current and future technologies. The strategic acquisition is aimed at accelerating the firm’s market access and distribution capacity as it seeks to establish itself as a market leading energy efficiency solutions provider.
Simon Turek, Chief Executive at Haydale, said: "Over the past year, we have reshaped the group into a focused, commercially driven clean-technology business with world-class graphene products ready for scale."
"By combining Haydale's patented materials platform and the growing commercial momentum behind JustHeat with SMCC's national market-access engine, delivery capability and trusted partnerships with major UK banks and utilities, we are creating a scalable platform able to deploy energy-efficiency solutions at pace and at meaningful scale.
Turek added that: "The enlarged group will be exceptionally well positioned to serve the accelerating demand for practical decarbonisation in the built environment.”
SMCC co-founder and Chief Executive Mark Sait, who is set to join Haydale’s board as Chief Commercial Officer, said: "Becoming part of Haydale adds an innovative, award-winning new product, JustHeat, to our platform, while providing Haydale with overnight access to our proven B2B delivery model, experienced team, and established route to market.”
Steven Poulter, head of Barclays Climate Ventures, added: "This transaction represents the next stage of SMCC's growth, which provides an opportunity to scale its platform and deliver greater impact for businesses seeking to lower emissions."
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