by Kyle Molyneux | Tue 12 Nov 2019
BGF invests in Molson Group
BGF, an investment partner for growing companies, has invested an additional £11m into Molson Group, a distributor of capital equipment to the construction and waste management sectors. The investment will be used to redevelop Molson’s Avonmouth site into a centre of excellence for construction equipment in the UK and a national parts centre. It will also be used to expand the Group’s international reach, support new brands including Terex dump trucks, and continue to develop Molson Green, its distribution arm for waste management and recycling equipment.
BGF invested £6.3m into Molson in 2018 to accelerate growth and to explore potential acquisitions. Since then, the business has acquired Scottish equipment dealer Finlay Group, opened a new depot in Inverness, and recently been appointed Terex Trucks dealer for the UK. Molson’s turnover is now in excess of £200m.
Based in Bristol, Molson provides a wide range of equipment for the construction industry, including excavators, dump trucks, dozers, demolition rigs and waste and materials handlers. The business, which has additional depots including Warrington, London, Kent, Stratford-upon-Avon and Doune, is currently one of the largest suppliers of construction equipment in the UK.
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