James Briggs Ltd

Non-Core Acquisition

British manufacturing firm James Briggs Ltd was founded in 1830 and is one of Europe’s largest aerosol and consumer chemicals businesses producing for a number of third-party brands, as well as its own proprietary brands such as Hycote and Nilco.

In late 2011 the company’s previous owners, ITW Inc, performed a strategic review and considered the business non-core. It was at this point that Endless, having identified the value in the business, committed to fully fund the acquisition and further capital investment.

Thanks to the size of our own fund, we were able to complete the transaction quickly and smoothly, which brought certainty to the hundreds of employees at James Briggs and met the value expectations of the previous owners.  Helped by our reputation for investing in businesses and our strong transformational track record, the vendor was also happy that we were the right people to own the business.

Throughout Endless’ partnership with James Briggs, there was a consistent focus on delivering best in class service levels, product quality and health and safety. This enabled the business to weather many challenges, including market disruption following the Brexit referendum and competition from UK and international chemicals manufacturers, grow annual revenues by over 25% and retain and develop its blue-chip customer base. 

In August 2019 a sale of the James Briggs Group was completed with Tetrosyl Group Limited, the largest manufacturer and supplier of car care products in Europe and the UK’s biggest independent oil blender.  This secured investment and job creation opportunities for the next chapter in James Briggs’ long and successful history, as the enlarged group targets future growth in UK and overseas markets.