UK materials handling and specialist rental business Briggs Group, has been acquired by pension capital firm IFM Investors. The value of the deal has not been disclosed.

Briggs Group is one the UK and Ireland’s largest providers for service organisations for capital equipment and owns a portfolio of materials handling businesses, most notably Briggs Equipment, alongside specialist rental, plant hire, powered access and specialist engineering services operations. 

These include Briggs Equipment – the exclusive national dealer for the Hyster and Yale ranges, London forklift company Hiremech, Gwynedd Forklifts, Forkway Group, Northern Forklift, Neckar Forklifts, Revived Equipment, Aerial Platform Hire and TrainingPlus.

Headquartered in Cannock, Staffordshire, Briggs Group has experienced significant growth in recent years and reported turnover of approximately GBP450m (USD606 million) for 2025.

IFM has invested more than GBP5 billion (USD1.35 billion) into UK infrastructure over the past 20 years, with investments including stakes in Anglian Water, M6Toll and Manchester Airports Group. 

Its global portfolio comprises some of the world’s largest infrastructure assets, including ports and freight terminals outside the UK. 

Peter Jones, group managing director for Briggs Group says: “Over recent years we have deliberately built a resilient and diversified platform, and this investment is a clear endorsement of both our strategy and the quality of our people”.

Deepa Bharadwaj, head of Infrastructure Europe at IFM Investors, adds: “As a well-established business operating within the infrastructure value chain, we believe Briggs is well positioned for success, and we see opportunity to support management’s growth strategy”.