Tolbest

PHD Industrial Holdings has completed the acquisition of Tolbest, a prominent manufacturer and supplier of industrial dyes based in Warrington. This strategic move is set to bolster PHD's speciality chemicals division and expand its reach into new markets.

Summary of transaction details:

• Value: Undisclosed
• Sector: Speciality Chemicals / Manufacturing
• Advisor: KBS Corporate
• Key Entities: Tolbest (Target), PHD Industrial Holdings (Acquirer)
• Location: Warrington, UK

Note: This acquisition is part of PHD Industrial Holdings' strategy to deepen its industry presence within speciality chemicals, leveraging Tolbest's established product range and client network to enter new applications such as waste food, drainage monitoring, and water treatment.