Investment date:
2017
Business description:
Designs & manufactures a range of multi-purpose tractors.
Website:
www.multihog.com
Status:
Realised
Multihog designs and manufactures a range of multi-purpose tractors for airports, municipalities and universities. Founded by Jim McAdam in 2008, Multihog is based in Dundalk and employs over 70 people.
In 2017, Development Capital invested €3.68 million for a minority stake in Multihog. The investment was to support the organic growth opportunities and develop and produce its new CV range of street sweepers.
In 2023, Development Capital realised its investment after Multihog received further funding from the McHale family through its Welmount Investments vehicle.