INVESTMENT JCB heir in £4.9m ITM Power boost

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Hydrogen specialist ITM Power has received a £4.9m investment from Jo Bamford and JCB.

J.C.B. Research and Valebond Consultants Ltd, owned wholly by Jo Bamford, heir to the JCB fortune and son of Lord Bamford, has acquired a shareholding in the Sheffiedl company making him the firm’s largest shareholder.