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Helveta establishes roots at Milton Park

10/03/2010

Helveta, a leading provider of asset management and supply chain monitoring technology, has moved to 90 Milton Park.

Helveta provides tools and software which make it possible for timber to be tracked, helping governments to monitor their wood reserves and helping companies to comply with strict new laws on importing into the EU. The company recently implemented a new scheme to track timber across South America, Asia and Africa, where electronic barcodes are nailed into trees.

The company, which was previously based in Harwell, moved to Milton Park due to significant expansion following a new round of investment in 2009, and currently employs more than 40 people. Helveta recently won a major new contract to manage the entire supply chain of wood and timber products from the largest tropical forest in Africa for the next five years.

Chief Financial Officer Chris Powell commented: “We’ve undergone rapid expansion recently, and we intend to double in size during the next year, so flexible letting options were important to us. We’ve already benefitted from Milton Park’s excellent location and transport links, and are happy to be a part of the strong local business community.”

James Dipple, managing director of MEPC Milton Park said: “We are delighted to welcome Helveta to the Estate, and look forward to seeing the company continue to grow and develop its innovative products at Milton Park.”

To find out more about Helveta, visit www.helveta.com

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