BDC

McPhee Mixers Goes Under New Ownership

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McPhee Bros Ltd, which is trading as McPhee Mixers, has been purchased by private equity firm Elaghmore Partners, which will provide financial backing to support the company’s growth plans. Part of these plans are the expansion of its existing sites, a new product development, the addition of sales and marketing capability and a geographic expansions that will capitalise on the company’s intellectual property.

“McPhee Mixers is a strong, profitable company with a growing order book, a track record of innovation and long-term relationships with some of the biggest names in the UK construction industry. It is a valuable addition to our Total Vehicle Solutions Group and expands its capability to offer even more products to its industrial client base from a growing number of sites across the UK. We are excited about working with the management team at McPhee Mixers to build on their success including growing its existing sites, developing new products and securing a foothold in other geographies to exploit its intellectual property,” said Andy Ducker, founding partner at Elaghmore.

McPhee Mixers will continue to operate autonomously, but will become part of Elaghmore’s Total Vehicle Solution (TVS) Group, which currently includes SB Components and Priden Engineering. The company designs, manufactures and supplies mixers from its headquarters in Blantyre, Glasgow, while also offering services and repairs from a site in Chesterfield.

“McPhee Mixers has a long and enviable record of success within the engineering industry, and we have ambitious plans for the future. Working with Elaghmore will help us deliver these, which is demonstrated by their track record in backing companies like SB Components. It is an exciting day for our skilled and dedicated workforce as well as our customers as we look to build on our success so far as part of the TVS Group,” said McPhee Mixers managing director, Brinsley McFarlane.

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BDC 299 December 2022