Tolbest

Tolbest, a prominent manufacturer and supplier of industrial dyes based in Warrington, has successfully been sold to the investment firm PHD Industrial Holdings. The transaction was advised by KBS Corporate, providing specialist corporate finance advisory services to Tolbest's shareholders.

Summary of transaction details:

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

Note: This acquisition significantly enhances PHD Industrial Holdings' speciality chemicals division, allowing them to enter new markets where colour additives are critical for applications such as waste food, drainage monitoring, and water treatment. For Tolbest, this provides the opportunity to thrive within a larger group structure, benefiting from additional support for continued growth and expanded market reach.