Group Gains New Investor | Accelerating Growth
Summary
It is Europes first, non-financial company to gain ESG accreditation and is on target to be carbon zero by 2035.Premier Modular delivers space to many and various sectors each with specific needs across the UK and northern Europe including: hospitals, schools, life science, justice, defence, laboratories, welfare buildings, offices, data centres, retail and other commercial applications.Having enjoyed many years of record growth, in the last four years alone, Premiers rental fleet has expanded by 50% and this new investment by MML will fuel Premier Modulars ambitions to make world-class facilities more widely available in its domestic and European markets.Investor, Cabot Square Capital has seen a robust return on its investment since it acquired Premier Modular in 2021 all driven by growth in turnover from both the public and private sectors.Premier Modular is already a well-run company, as seen in the great performance in recent years, says Andrew Honan, managing partner (infrastructure) at MML. Even fewer companies combine Premiers technical expertise with such a significant rental fleet and strong balance sheet.Being customer-centric, for us means that every part of our process including how our state-of-the-art factories are set up responds to each customers challenges whether thats us understanding their needs regarding space, programme or configuration. One of the reasons why were able to continue our strong growth is because we anticipated the skilled trades market tightening, so we invested in our apprenticeship and training programmes. Many people prefer to invest in their skills with the long-term prospect of working close-to-home rather than away on building sites.MMLs investment means we now continue to grow our best-in-class fleet, expand the range of funding structures we offer our clients, and accelerate our expansion into Europe following client demand, says David Harris. The combination of financial firepower and infrastructure expertise will be invaluable as we continue to drive Premier forward.But its particularly satisfying that every day, were building a better tomorrow which will be easier to repurpose or recycle for generations to come.