Yate based Western Global secures £90 million investment from MM Global

Western Global
Investment group MML Capital has invested £40 million into Western Global, a leading provider of industrial liquid storage and dispensing solutions baed in Yate, South Gloucestershire.

Founded as a family business in the UK, Western Global has grown impressively expanding across Europe and North America. It is now the  leading provider of portable tanks and dispensing equipment for the storage and handling of fuels, lubricants and other fluids.

With MML’s support, Western Global will continue its strong growth trajectory as the leading platform in the liquid storage and dispensation market, particularly into the US. At the same time, the company will continue to expand its product range and technical capabilities to meet market needs.

Western Global Clem Connor Chief Executive said: “Over the course of the last eighteen months, we have built a close relationship with the MML team who particularly impressed us with their flexibility and collaborative approach. We are confident that they are the right partner and look forward to working with them to deliver our ambitious expansion plans.”

Ian Wallis, Co-CEO at MML said “Western Global is exceptionally well placed to continue its growth and cement its position as the global market leader. MML has a unique track record of investing in innovative, fast growing businesses that want our style of partnership capital to support international growth. We look forward to partnering with Clem and his team as they continue on their impressive journey.”

Martyn Gregory, Senior Partner at Deloitte, added: “We were delighted to be appointed as lead advisers by such an experienced management team in Clem, Rob, Rich Adams and Richard Jones and it was a pleasure to work together to achieve a fantastic result for Western Global. Management has delivered strong year on year growth in recent years, particularly in the US, and the Deloitte team are excited to see the continued growth of the business with MML. ”

MML was advised by Lincoln International, Pinsent Masons and CIL

Western Global was advised by Deloitte, Osborne Clarke, LEK  and PwC