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Cube International secures £3.75m investment to support new contract wins

Cube International secures £3.75m investment to support new contract wins

Cube International secures £3.75m investment to support new contract wins

The funding from independent asset manager BOOST&Co will be used to support the delivery of new projects and increased headcount of the Cube International group, including Cube Management, Cube Partnership, Cube Modular and the Women’s Sports Alliance.

Read the full news release below:

Midlands-based sports and event management business secures £3.75m investment to support new contract wins

Cube International will use the funding from the independent asset manager BOOST&Co to support the delivery of new projects and increase its headcount

The sports and event management business Cube International has secured an investment of £3.75m from the alternative funder BOOST&Co following a series of new account wins. The funding, which will be used to underpin the delivery and management of its new projects, will also help to support its work with future new clients, not least by creating a significant number of jobs.

The Midlands-based company, which has extensive experience in sports retail merchandising, creates and manages pop-up merchandising structures for events and supports its partners’ planning and implementation of experiential campaigns.

The firm recently secured some major contracts, becoming an official partner of both the Commonwealth Games and the Rugby League World Cup, as well as  being the ecommerce partner of the Aston Martin Cognizant Formula 1 Team and the Solheim Cup 2023. During the Covid-19 pandemic, Cube International provided testing facilities at sites including Heathrow Airport, NHS hospitals, supermarkets and nursing homes.

BOOST&Co has chosen to work with Cube International because the company has a strong management team with long-time experience of this industry. The lender was also impressed by the firm’s successful navigation of the pandemic. By combining its core skills of event management and temporary structure planning, the business was able to support Covid-19 testing, which has led to a sharp increase in new work.

BOOST&Co is a leading provider of growth capital for innovative, fast-growing UK SMEs.

The independent asset manager offers loans ranging from £1m to £10m, covering a wide range of sectors, with a strong track record in technology, media and telecommunications (TMT). It has funded more than £500m across more than 130 deals to date and provided close to £200m under the government’s CBILS initiative to support SMEs during Covid-19.

Chris Mears, principal at BOOST&Co, says: “Cube International is a professional and agile business with a client list full of household names.

“Its team has responded magnificently to the challenges of the pandemic, playing a vital role in providing Covid-19 protection and testing facilities to key services including hospitals, airports and supermarkets – actions that helped to keep the country running.

“This funding package will support the firm’s continued growth in event management, as it delivers a number of major and high-profile contracts during the next few years. It has been a pleasure to work with this excellent management team.”

Ed Boardman, chief executive at Cube International, says: “Chris Mears and Cassandra Pillay at BOOST&Co worked hard to quickly understand our business. They immediately gained our confidence and the speed of execution was impressive.

“This funding will enable us to continue the strong growth of our business, with some exciting projects on the horizon.”

Hugo Chance of Chance Capital, who advised on the deal, says: “It was a pleasure to be taken on by Cube International, a multifaceted business with an impressive management team, as exclusive advisor on their fundraising. We quickly secured interest from a number of lenders, but decided that BOOST&Co was best aligned to the firm’s requirements.

We were delighted to co-ordinate and complete a facility that will enable the firm to fulfil a number of key growth plans. The team at BOOST&Co was a pleasure to work with and we look forward to future collaborations.”

For more information about BOOST&Co, visit boostandco.com

Part of the Cube International group, Cube Modular designs and manufactures modular portable buildings and containers of exceptional design, quality and functionality for sports events, venues, stadia and businesses. 

Cube and ecolibrium unite to help tackle CO2 travel emissions for live events

Cube and ecolibrium unite to help tackle CO2 travel emissions for live events

Cube and ecolibrium unite to help tackle CO2 travel emissions for live events

Cube Modular is delighted to announce ecolibrium as its new charity partner. ecolibrium will help the sustainability-pioneering portable building accommodation solutions company to tackle its annual carbon emissions from travel, finding ways to reduce impacts where possible, and make climate investments to address unavoidable emissions.

Cube shares ecolibrium’s mission in finding solutions to help the live events industry reduce carbon emissions from travel and transport – typically the biggest contributor to an event’s overall carbon footprint. Through its modular, multifunctional portable buildings, which include Continest containers, Cube offers the most mobile and sustainable temporary portable building solution in the modular accommodation industry. Thanks to the containers’ patented design, ten units can be transported on a single truck, offering huge savings on road haulage costs and similar reductions in carbon emissions. The units are also uniquely developed for quick and easy set up; a foldable solution offering an 80% cut in logistical and storage costs, and impressive reductions in CO2 and GHG emissions.

Both Cube Modular and ecolibrium will be at the Event Buyers Live conference (EBL), 29th Nov – 1st Dec, where ecolibrium will host a panel on tackling the environmental impacts of travel and transport at live events, bringing together environmental consultant, Liz Warwick (Lansdowne Warwick), Graham McVoy (Site & Ops Manager, Boomtown Fair), Brandon Weston (MD, Cube Modular) and Naomi Lawson (Project Manager, ecolibrium) to discuss the challenge and look at strategies for reducing travel carbon emissions at events, with a focus on innovation in the supply chain and how stakeholders across the sector can collaborate to create positive change. At EBL Cube Modular are set to launch a new range of foldable buildings to further help events cut travel carbon emissions from the supply chain.

Brandon Weston, Cube Modular’s MD, said:

“We are thrilled to be working in partnership with ecolibrium to tackle travel emissions. Our innovative foldable Continest buildings are designed to reduce carbon footprint through massive transport efficiencies. With the help of ecolibrium’s guidance, we look forward to achieving our sustainability goals in every aspect of our business, as well as supporting their existing climate investment projects.”

ecolibrium’s Communication Manager, Bethan Riach, added:

“We are delighted to have found a partner who shares our mission to help the live events industry address environmental impacts of travel. Cube Modular has a proven track record of solutions that allow events to cut carbon emissions from the supply chain through their innovative range of products and services.”

ecolibrium was founded in 2015 as a live events industry response to the climate crisis – a community of events, festivals, suppliers, artists and music companies taking action to tackle the impacts of travel. ecolibrium provides resources, tools, advice and inspiration to reduce travel emissions and invest in climate solutions – supporting ecosystem protection, regeneration and clean energy generation. Since 2015, ecolibrium has helped to fund eight renewable energy projects, planted over 33,000 trees, and protected over 12,000 acres of threatened rainforest.

cube modular transport sustainability graphic

Part of the Cube International group, Cube Modular designs and manufactures modular portable buildings and containers of exceptional design, quality and functionality for sports events, venues, stadia and businesses. 

Cube Opens European Head Office To Deliver Expanding Sports and Events Business

Cube Opens European Head Office To Deliver Expanding Sports and Events Business

Cube Opens European Head Office To Deliver Expanding Sports and Events Business

Cube International has recently incorporated Cube Europe in Hungary, as the European hub for its international operations. The announcement coincides with the 100th anniversary of diplomatic relations between the United Kingdom and Hungary. The operational centre will be based in Szekesfehervar, 45 minutes outside of Budapest, alongside the new 4000 sqm Continest manufacturing facility which was recently opened by Péter Szijjártó, Minister of Foreign Affairs and Trade.

Alongside the launch of Cube Europe, Cube has signed an exclusive Pan European and Scandinavian distributor agreement with Continest, to complement the existing UK and Ireland agreement. The new agreement ensures Cube and Continest are able to fully support the expanding demand for the versatile foldable containers and will enable sport and events to take direct action to cut their carbon footprint in order to make tangible changes in terms of reducing their emissions, not just offsetting.

cube signs pan european agreement with continest

Cube will be building an international inventory of Continest units in distribution centres around Europe to ensure, where possible, the sustainable solutions are available locally thereby removing the need for substantial haulage.

In support of these developments in Hungary, Cube will be recruiting a team to not only support the operational and logistical programme required for Continest, but will be building a multi-lingual, multi-cultural business centre to further support the operations of the group, including its licensing, merchandise, and retail programmes.

Andy Moss, Cube International’s Chairman, said: “This is a major step forward in the internationalism of our group and, whilst we have for several years serviced major events around the globe, having a European facility, supported by localised facilities in multiple countries, is going to substantially expand our capability and significantly contribute towards our company’s sustainability objectives.

“Hungary has been outstanding in welcoming our company and, together with their continually expanding pool of talented people, it makes a fabulous new home for the business. This exciting new opportunity with Continest is another example of how collaboration and partnership deliver significant results. Together we have reimagined portable modular solutions and have empowered a team to deliver success.”

Ed Boardman, Cube International’s CEO, said: “This is a really exciting development. We look forward to increasing our global reach, leveraging the talented resource available in Budapest and building our digital and technology-based operations. The new agreement with Continest is an endorsement of the work our team at Cube Modular and Cube Management have put in over the past 18 months, developing a substantial fleet of sustainable modular buildings to support the UK sports, event and festival industries. It is their success that has provided Continest with faith and belief in Cube’s capability.”

Brandon Weston, Cube Modular’s MD, said: “We are thrilled to be such a key part of the Continest story of innovation and sustainability and to further the Continest solution in Europe. This is a really exciting opportunity for us and we are looking forward to replicating the successes our partnership has seen in the UK and Ireland.”

István Joó, Hungary’s Deputy State Secretary for Export Development, said: “The cooperation agreement between Continest Technologies and Cube International is of paramount importance for the domestic export market, as it enables another innovative Hungarian product to reach international markets and helps enormously by strengthening Continest’s domestic production. In addition, Cube International arrived in Hungary with several additional plans. The establishment of Cube Europe ltd. also shows that the British company sees significant potential in Hungary to achieve its goals. In the framework of the upcoming ‘Planet Budapest 2021 Sustainability Expo and Summit’, in addition to the manufacturer of the foldable containers, Continest, the Hungarian-based company will also present itself and await those interested with an impressive e-bike project at their joint stand with Continest. I wish the two companies every success in implementing their joint plans!”

Vidor Kis-Márton, Continest’s CEO, said: “Having worked with the Cube International team for the last two years, we’ve been very impressed with how they’ve embraced our brand and how they’ve brought our sustainable portable building solution to many major international events as well as the UK and Ireland market as a whole. Forming a collaboration with Cube to incorporate the whole of the European market was a natural progression which we are very excited about. The fact that Cube has also chosen to base its European office in Hungary is equally exciting. And all that, in a year when the UK and Hungary are celebrating 100 years of diplomatic relations! We can’t wait to see what the future will bring.”

Part of the Cube International group, Cube Modular designs and manufactures modular portable buildings and containers of exceptional design, quality and functionality for sports events, venues, stadia and businesses. 

Mother Earth Day: Our Commitment to Sustainability

Mother Earth Day: Our Commitment to Sustainability

Mother Earth Day: Our Commitment to Sustainability

Contributing to sustainable development is a core element of Cube Modular’s business strategy. We are continually focusing our activities on devising solutions to protect the environment, reduce carbon emissions and mitigate the challenges presented by climate change. Sustainability is a natural and integral part of our business and we always strive to act in an ethical, transparent and responsible way, working with our business partners and suppliers to do the same.

Through the Cube International group’s policies and procedures, we aim to aid the mitigation of carbon emissions, improve energy and material efficiency, protect the safety and wellbeing of those who work for, and alongside, us, increase stakeholder awareness and enhance the long-term economic viability of the events, brands and businesses we support.

The Cube International’s Commitment to Sustainability programme, sets the framework for continual refinement and improvements with regards to minimising the environmental impact of our operations.

These include the following commitments:

  • Reducing the carbon footprint of logistics across all operations
  • Reducing waste associated with branding, packaging and manufacturing across all operations
  • Reducing energy use and wastage across all operations
  • Increasing the use of recycled materials
  • Providing a safe and healthy workplace
  • Protecting the long-term health of ecosystems through responsible use of natural resources

CASE STUDY – CONTINEST

continest-containers-covid19-solution
continest containers large truck

The Cube International group has been working with its global partners to specially develop the Continest modular building, making it perfect for use within any industry.

The flexibility of the Continest concept means these innovative and award-winning units are used for temporary accommodation at a range of events, festivals, businesses and venues.

Critically the compact nature of their ‘flat-pack’ system means multiple units can be transported on one HGV vehicle. This can produce up to 80% reductions in haulage CO2.

Coupled with this the system is constructed from 70% recycled and/or recyclable material and has an integrated photovoltaic roof option enabling it to make a major contribution to clients’ sustainability commitment.

continest containers at beach festival
venues and stadia portable building solutions

By making sustainability an integral part of our strategy and operations, we aim to achieve long-term returns and generate a positive impact for society and the environment, in line with the Sustainable Development Goals of the United Nations and the Paris Agreement. We want to make sustainability an integrated part of all our global business relationships and work closely with our suppliers and business partners to achieve long lasting impacts across our entire value chain.

Part of the Cube International group, Cube Modular designs and manufactures modular portable buildings and containers of exceptional design, quality and functionality for sports events, venues, stadia and businesses. 

Merry Christmas and Happy New Year

Merry Christmas and Happy New Year

Merry Christmas and Happy New Year

Merry Christmas and Happy New Year from all of us at Cube Modular and the Cube International group. Stay Safe. Stay Healthy. 

See you in 2021!

#TeamCube

 

care home portable visitor pod

Part of the Cube International group, Cube Modular designs and manufactures modular portable buildings and containers of exceptional design, quality and functionality for sports events, venues, stadia and businesses.