LONDON – Haydale (HAYD.L) said on Friday it has agreed to acquire Intelligent Resource Management Limited, trading as SaveMoneyCutCarbon (SMCC), in an all-share deal worth up to £24 million, as part of a transformational push to become a graphene-enabled clean-technology platform.
The acquisition, conditional on shareholder approval, will give Haydale immediate access to SMCC’s national customer-acquisition engine, B2B sales and project-delivery capabilities, and a scalable commercial platform to deploy its JustHeat and future graphene technologies.
Initial consideration of £11.16 million will be settled in new shares, with up to £5.95 million in deferred shares payable over five years, subject to share-price performance.
Haydale also plans to raise up to £6.41 million through a placing, subscription and retail offer at 0.5 pence per share, with Barclays and Quidos each investing £0.5 million. Barclays will become a 15.34% shareholder.
SMCC co-founder Mark Sait will join Haydale’s board as chief commercial officer. The company intends to change its name to Haydale plc to reflect its broader clean-tech focus.
“This transaction marks a pivotal step in Haydale’s evolution,” Chief Executive Simon Turek said. “By combining our graphene materials platform with SMCC’s market-access engine and trusted partnerships, we are creating a scalable platform able to deploy energy-efficiency solutions at pace.”
Completion of the fundraising and acquisition is expected in early January 2026, subject to shareholder approval.