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Brand-Rex goes back to its roots
Tuesday, 18 March 2008 10:12
Brand-Rex says that a joint bid by management and private equity will bring ownership of the global infrastructure solutions company back to its roots in Scotland. Announcing the deal Brand-Rex CEO Paul Lines said, “Brand-Rex has enjoyed a phenomenal period of investment and revitalisation during its last two years of ownership by California based private equity firm Gores Group which has invested over £10million into Brand-Rex. Private equity ownership has been a real success for us and has put us firmly on track to be a £100million business by 2010. This new deal will give us ongoing stability and funding for growth.