Centurion signs off its MBO with upbeat expansion message
Centurion Signs has completed a management buyout deal to pave the way for investment in new technologies and equipment.
The group, which employs 25 people at its head office in East Kilbride, provides commercial signage and graphics to businesses across a range of sectors, including construction, retail, hotels and sports and leisure.
Centurion said the MBO has been backed by an angel investment syndicate and Clydesdale Bank, with the syndicate through its other business interests giving it access to enhanced engineering and manufacturing capability.
Gordon Duff, Commercial Director at Centurion Signs (UK) Limited, led the MBO. He said: “The MBO is a natural next step for our business, enabling us to embrace next generation digital technologies that will keep us at the leading edge of product design and service delivery.
“Our planned investment programme will expand the creative side of our business, allowing us to deliver bespoke products and services to our customers that promote and enhance brand values, offer clear market differentiation and create new income streams.
“I am particularly excited about expanding our engineering and fabrication capabilities, which allow us to compete for larger, more complex work whilst also improving our turnaround times and reducing costs.” 0 Gordon Duff – ‘delighted’ at expansion prospects