A unique approach to unlocking opportunity and potential

“Working with MML has felt like a true partnership from day one. They took the time to really understand our business and culture, and have been consistently supportive, collaborative, and pragmatic. They’re hands on when it matters, but always respectful of management’s autonomy, bringing the right mix of insight, challenge, and resource to help us accelerate our growth.”

Clem Connor, CEO, Western Global

Western Global

western-global.com
Partnership investment to replace passive shareholders and support international growth.

The business

Global leader in the design and distribution of liquid storage solutions.

The deal

Western Global was founded in 1962 and had been run as a family business until 2014 when a new management team was appointed. During this phase, the business transformed its scale and profitability. By 2019, it had become clear that a sponsor was required to provide liquidity to the family shareholder base no longer in the business, put equity in the hands of the management team who had transformed the business, and help drive further penetration in the US market where the business had begun to have significant traction. After 18 months and staying in touch through Covid, MML invested alongside Clem and his team in early 2021. We are now working alongside the team to deliver their international growth plan, in particular leveraging our US presence to support greenfield expansion.

Fund
Partnership
Region
Europe
Deal Status
Current
Sector
Industrials
Featured videos
Play Video

A testimonial from Magnus Hammick, COO of Green Biofuels, one of Western Global’s largest UK customers, highlighting how their products are enabling change on ESG and decarbonisation.

Play Video

A testimonial from Chris West, Safety Director of Brent Scarborough Co. explaining the merits of the Western Global Trans Cube.

Related news

Western Global delivers 40% revenue growth and completes refinance to return half MML’s investment within 12 months

Western Global delivers 40% revenue growth and completes refinance to return half MML’s investment within 12 months

MML Partnership Capital Fund VII invested in Western Global – the leading global provider of environmentally friendly industrial liquid storage and dispensing solutions – in January 2021.
MML backs Western Global in £90m transaction

MML backs Western Global in £90m transaction

Investment group MML Capital has announced it has invested £40m into Western Global, the leading provider of industrial liquid storage and dispensing solutions. The deal represents the latest in a series of transactions which has seen MML successfully complete 15 transactions in the last 12 months.

Associated deal team

Ian_Wallis_Ftrd

Ian Wallis

Co-CEO
WIll headshot

William Stewart

Investment Director
Harry_Sparks_Ftrd

Harry Sparks

Investment Manager

MML investor portal logins

For investors in MML Fund VI, MML Ireland I & MML Ireland II

For investors in MML Fund VII