Ukrainian refugee and engineer Ivan Semenenko founded Matcon with Sir John Aird in 1980 after designing a valve that evenly distributed powder from a container. Now it makes machinery so firms in sectors including pharmaceuticals and food can safely transport powders, fluids and other materials. Run by managing director Charles Lee from the company’s headquarters in Evesham in Worcestershire, Matcon has offices in nine countries and says it has grown after investment in its product-development facilities. Profits grew by 56% a year, from £986,000 in 2007 to £3.7m in 2010.

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Company details
ActivityPowder machinery manufacturer
Annual profit growth55.71%
Latest profits £000s3,721
Latest sales £000s21,313

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* supplied by company † annualised figure