Merridale

Teqnion has acquired Merridale, a leading UK-based commercial fuelling equipment manufacturer, in its seventh deal with KBS Corporate in less than two years.

Summary of transaction details:

• Value: Not disclosed
• Sector: Industrials & Energy
• Advisor: KBS Corporate
• Key Entities: Teqnion, Merridale
• Location: UK

Note: This acquisition marks a significant expansion of Teqnion's portfolio in the industrials and energy sector, with Merridale's expertise in fuel management systems set to enhance the group's capabilities.