£11m boost to create centre of excellence for construction equipment

The Business Growth Fund has invested a further £11m into Molson Group, the independent distributor of capital equipment to the construction and waste management sectors. The investment will be used to develop Molson’s existing sites and brands, as well as to expand its international and waste management offerings. Molson provides a wide range of equipment for the construction industry, including excavators, dump trucks and waste and materials handlers. The business is currently one of the largest suppliers of construction equipment in the UK. 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.