Molson Construction Equipment, a Bristol, UK-based distributor of capital equipment, received a £6.3m investment from BGF.
The company will use the company to build a new national parts centre and additional depots across the UK via further acquisitions.
Founded in 1996 by Jonathan Wilson and Robin Powell, Molson provides sales and aftersales services for heavy construction equipment – such as excavators, material handlers, crushers and loaders – to the construction, quarrying and waste management industries.
The company has grown organically and through acquisition and now operates from depots in Bristol, Warrington, London, Kent, Stratford Upon Avon and Doune in Scotland. Working with leading OEM brands, Molson is the largest European dealer for Korean and Japanese excavators, including Hyundai, Kobelco and Ammann brands.
The company has also established Molson Green, a full line distributor in waste management and recycling equipment offering all the equipment required for the handling and processing applications. It currently employs more than 200 people and has annual revenue in excess of £155m.
Earlier this month, Molson acquired Finlay Plant Limited and its subsidiaries, securing the distribution rights for the complete range of Terex Finlay machinery for England, Wales and the Channel Islands.
BGF introduced the business to Bill Caplan who has been appointed as non-executive Chair. He is currently Chairman of Weldex International and CSH Surrey, following a career with Aggreko and UPS.