Tournus Equipement (TE), based in France, accelerates its growth with the acquisition of Catering Equipment Design (CED), based near Liverpool, United Kingdom. With turnover of £12.5m (approx. €15m), CED is TE’s first external growth operation, as a supplement to its uninterrupted organic growth since 2005. Like TE, CED designs, manufactures and sells equipment for professional kitchens.

On the 25th July, MML Capital invested into SVP group, a major player in business services in France, to support growth. The group’s management team have also invested alongside MML to support the strategic plan and build the business.