Brothers sell Garic to Bibby 

Two brothers who established a plant and equipment hire business in Bury 25 years ago have sold the company to a conglomerate.

Bibby Line bought Garic, which serves companies such as Balfour Beatty, McAlpine and Carillion, from Lorne and Gary Entwistle for an undisclosed sum.

A spokesman at Bibby told GrowthBusiness: “We believe it is a good business, with a strong business model and good management.”

He added that the brothers remain at the company following the deal and will continue to manage Garic for “the next few years”.

Law firm George Davies Solicitors and accountancy practice Cowgill Holloway worked on the deal.

Garic designs, makes and hires equipment to the construction and infrastructure sectors. Its products include environmentally-friendly protective fuel tanks, vehicle wheelwash gear, drum stores and work cabins.

Liverpool-based Bibby Line has interests in financial, logistic and marine services businesses.

Marc Barber

Raven Connelly

Marc was editor of GrowthBusiness from 2006 to 2010. He specialised in writing about entrepreneurs, private equity and venture capital, mid-market M&A, small caps and high-growth businesses.

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