Mobeus wraps up another great deal
Mobeus is pleased to announce that it has provided a combined debt and equity package to support the £11.3m buy in management buy out of Creative Graphics International Limited ("CGI").
CGI is a leading designer and supplier of technical self-adhesive branding solutions, supplying external graphics, information and safety labels to a global Automotive and Aerospace customer base from manufacturing facilities in the UK and South Africa.
CGI is a Tier One supplier of decorative graphics and regulatory labelling to Toyota, Ford and VW as well as being the dominant supplier of badging and graphics to the UK caravan market. CGI also supplies highly technical branding solutions to the aerospace market, working with Virgin Galactic, Virgin Atlantic and Ryan Air providing both internal and external branding for their aircraft, including Virgin's iconic flying lady.
CGI has 43 staff at its Bedford headquarters and 185 in its Cape Town operation, with overall group revenues in excess of £11m.
Chris Price, Investment Director at Mobeus commented:
"This was a complex deal involving a business split between the UK and South Africa and with a truly global customer base. CGI harnesses market leading design and manufacturing to supply branding solutions to customers for whom quality and performance is a must have. We look forward to supporting the management team as they look to drive sales growth and widen CGI's customer base both in the UK and overseas."