BGF backs acquistive distributor with £15m investment
Distributor Troy UK has secured a £15.5m investment from BGF to support its acquisitive growth strategy.
BGF’s backing will fund an acceleration in the company’s growth strategy and a "significant pipeline of opportunities" has been identified.
Former Wickes chief executive Simon King has also been appointed as non-executive chair.
Troy's chief executive Paul Kilbride acquired the business in 2010 and it now has annual sales of more than £300m.
He said: “To deliver our strategy of structured growth, we required a m... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
