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Foresight invests £12 million in AIC to back management buyout

PUBT·09/17/2026 11:41:11
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Foresight invests £12 million in AIC to back management buyout
  • Foresight Group invested GBP 12 million in Automotive & Industrial Consumables (AIC) to back a management buyout.
  • AIC imports and distributes automotive, electrical, and industrial consumables, supplying more than 6,100 products to over 5,500 customers.
  • The Leeds-based company serves the automotive aftermarket, electrical installation, construction, and general industrial sectors across the UK, Europe, and the US.
  • Funding targets growth investment in sales and marketing, website optimization, product expansion, and wider use of data and AI analytics.
  • Andrew Wakelin will join as chair, bringing industrial distribution experience, including operational improvement and international expansion.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Foresight Group Holdings Ltd. published the original content used to generate this news brief on September 17, 2026, and is solely responsible for the information contained therein.