Pavegen Systems Ltd – In Administration

Landwood Group are seeking offers for the assets of Pavegen Systems Ltd – In Administration, a UK based clean tech company that designed, manufactured and installed kinetic floor tiles that convert footsteps into electricity and data. Pavegen was an internationally recognised British clean technology company with, we are advised, projects delivered across 45 countries, £13m of revenue generated and an exceptional portfolio of blue-chip clients, including Google, Siemens, Toyota, Samsung, BMW, Mercedes-Benz, Citibank, IKEA and Westfield. The company secured repeat business from major multinational customers, with approximately 95% of revenues generated internationally, particularly across the Middle East, USA and Asia. More information.