Perwyn is pleased to announce the acquisition of Lowe Rental, a Northern Ireland based leading global rental specialist for refrigeration units, catering equipment and temporary kitchens.

Perwyn is backing the management team led by CEO Rodney Lowry as it continues its impressive growth trajectory. Over its 40 year history the business has grown to become the global market leader supplying into a diversified blue chip customer base, primarily in major events, exhibitions and retail. With Perywn’s backing the business intends to accelerate its current growth, expand into new product areas and adjacent markets and invest into new equipment.

Rodney Lowry commented: “We at Lowe are really thrilled about the future and partnership with Perwyn. Perwyn are a very specialist private equity firm that focus on fast growing companies; their evergreen investment approach will be a strong fit with the dynamics of our global business. ”

Andrew Wynn and Mark Blower, Partners at Perwyn, noted: “We are delighted to be partnering with Rodney and the executive team at Lowe, to support their continuing growth strategy. We have reviewed several investment opportunities in the sector over the last year, but when we were introduced to Lowe we were immediately attracted by its range of high quality assets and international coverage. This coupled with a reputation for outstanding customer service and innovation are attributes that make Lowe standout”

The company is headquartered in Northern Ireland and employs c. 130 people across 9 offices on 4 continents.

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March 2018