CIMC Enric Holdings Limited acquires Briggs of Burton PLC

BDO.LiveSite.Deals.DealTypeM&A
BDO.LiveSite.Deals.IndustryManufacturing

Briggs of Burton PLC (Briggs), the company which provides process engineering solutions to an array of markets, has been acquired by CIMC Enric Holdings Limited (CIMC).          

Briggs was established in 1740, and it quickly gained a reputation for providing innovative manufacturing and engineering services to the Brewing and Distilling industry. Today, the company has offices in the UK and the USA and employs around 150 people, providing its solutions to the Brewing, Distilling, Food, Pharmaceutical, Health & Beauty and Biofuels markets.       

CIMC, a Hong Kong main board listed company, is a leading manufacturer of specialised storage and transportation equipment products and provider of integrated business solutions to the Energy, Chemicals and Liquid Food industries. The acquisition extends CIMC’s product portfolio and geographical presence, further strengthening its market position.          

"There were key points during the sale process when the knowledge and expertise of the BDO team was invaluable in securing the desired outcome".  

Gareth Cure - CEO of Briggs