Phoenix-backed Signum buys Vee Bee

Phoenix acquired a majority stake in Signum in March 2012 and this is the third bolt-on for the company. The company previously acquired Gall Thomson in March 2012.

Company
Founded in 1957 by William Bradley, Vee Bee is an industrial filter manufacturer headquartered in Stourbridge. The company employs approximately 60 people and had a turnover of £9.7m as of the end of September 2016.

People
Signum Technology Group – David Hill (CEO).
Vee Bee Filtration – Robert Bradley (managing director).

Advisers
Vendor – KPMG (legal).

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• Topics
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