# PHD Industrial Holdings backs management buy-out of BIL Group

BIL Group, a UK manufacturer of castors and wheels, underwent a management buy-out backed by PHD Industrial Holdings Limited, giving control to existing directors Tim Murrow, Chris Davies and Roland Mellor. The deal includes investment for growth.

- Type: Acquisition
- Announced: 2022-06-21
- Where: Calne, Wiltshire, United Kingdom
- Status: completed
- Products: castors, wheels, materials handling equipment
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [PHD Industrial Holdings](https://endata.com/companies/63596.md) (investor)
- [BIL Group](https://endata.com/companies/63597.md) (target)

## Sources

- [bilgroup.co.uk](https://www.bilgroup.co.uk/2022/06/21/phd-completes-buy-out-at-bil-group/), 2022-06-21: "This is a pivotal point in the BIL Group’s journey which has spanned over 50 years and is testament to the incredible work that the team have put into building such a fantastic company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.