H2 agrees to invest in GBUK

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Private equity firm H2 Equity Partners has agreed to acquire GBUK Group, the healthcare manufacturing and distribution company, for an undisclosed sum.

GBUK, which is based in Selby, employs 70 staff. H2 said it plans to build on GBUK’s strong position and expand its product range. H2 said it plans to support GBUK’s organic growth, while also targeting opportunities in the UK and abroad. H2 were advised by Squire Patton Boggs. PwC and CIL provided financial and commercial due diligence. Yorkshire Bank provided acquisition financing.