Foresight Group (Foresight), a listed infrastructure and private equity investment manager, has made a GBP2.35 million investment into RF Brown Limited (RF Brown), a shipping container hire, container sales and self-storage business.
Foresight’s investment supports the MBI of the business led by Angus Barraclough, incoming Managing Director, who has spent 20 years working in the equipment and plant hire sector. Barraclough was previously part of the team that spun-out Brandon Hire Group from Wolseley Plc and was attracted by the growth potential of the business.
Foresight is committed to working towards a smarter future through supporting SMEs with an ability to have a sustainable social or environmental impact. RF Brown contributes to the circular economy by repurposing shipping containers, typically used for a single trip, expanding their lifespan to at least 25 years.
Read more at Private Equity Wire