Whittan to acquire Apex
Whittan Intermediate a wholly-owned subsidiary of the Whittan Group, has signed an agreement to acquire Apex Linvar from funds managed by Chamonix Private Equity LLP.
Whittan, backed by funds advised by Bregal Capital LLP, is a UK-based, pan-European storage equipment manufacturing group. Whittan manufactures, sells and distributes three core products: pallet racking, shelving and lockers, to a wide range of customers. Whittan trades under a number of well-established brands including Link 51, Polypal, Moresecure and Permar.
Whittan has manufacturing facilities in the UK and Spain and its own sales and distribution operations across Europe Apex is a UK manufacturer of pallet racking systems that also provides a limited range of shelving, and further sells and distributes a broader range of storage solutions. It has manufacturing facilities located in Milton Keynes, UK.
Edmund Lazarus, managing partner at Bregal commented: “We are delighted for Whittan to have signed the acquisition of Apex, a British industrial champion with high quality products and a commitment to excellent service.”