What's Happening?
BIL Group, a materials handling equipment manufacturer based in Calne, Wiltshire, has acquired Evo Supplies, a leading UK manufacturer of heavy-duty furniture skates. This acquisition marks BIL Group's second in two years, following its purchase of Varley Castors. Evo Supplies, founded in 2013, specializes in wooden furniture skates used in removals, office furniture, and air shipping sectors. BIL Group, originally launched as Baz-Roll International in 1972, has expanded its operations to include manufacturing material handling equipment such as pallet trucks and trolleys. The acquisition is part of BIL Group's strategic plan to enhance its portfolio of material handling brands.
Why It's Important?
The acquisition of Evo Supplies by BIL Group is a strategic move to strengthen its position in the material handling industry. By integrating Evo's product range, BIL Group can offer a more comprehensive suite of solutions to its customers, potentially increasing its market share. This expansion aligns with BIL Group's commitment to UK manufacturing and its growth strategy. The acquisition also brings synergies between Evo's skates and BIL's existing castors and wheels, enhancing product offerings and operational efficiency. This move could lead to increased competitiveness and innovation in the material handling sector.
