Springboard Corporate Finance is pleased to announce that it has advised on the sale of Natgraph Limited to Nasdaq Stockholm listed Indutrade AB.
About the Deal
Natgraph, based in Nottingham since it was founded in the late 1970s, is a global leader in the design and manufacture of advanced drying and curing solutions for precision coating and print applications, servicing print, industrial and digital clients in Europe, the Americas and Asia. Generating sales of £10 million per annum Natgraph operates a vertically integrated manufacturing model and has an installed base of around 14,000 machines across 90 countries.
Indutrade is an international industrial group that develops and sells high-tech components, systems and services. The company markets solutions that streamline their customers’ systems and processes. With a decentralised structure, Indutrade operates through more than 200 subsidiaries with some 6,000 employees in 31 countries across four continents generating sales in excess of SEK 16 billion in the year to December 2018.
Alan Shaw, founder and Commercial Director of Natgraph commented: “Having spent the last 40 years building a brand associated with quality and innovation we are delighted to be joining the Indutrade group. We look forward to continuing to work with our customers and distributors globally and with our new colleagues at Indutrade.”
Ben Bolt, Partner at Springboard Corporate Finance advised the shareholders of Natgraph on the deal. Ben commented “We are delighted to have assisted the shareholders in realising value for their life’s work. Natgraph is a true global leader, exporting around 90% of the products it manufactures and a great example of British precision engineering.”
How we made a difference
- Undertook an international search to find a strategic acquirer with an excellent cultural fit;
- Protected value throughout the process despite a number of challenges; and
- Project managed the process throughout, working closely with other advisers, securing a successful completion.
Alan Shaw, Commercial Director - Natgraph
Springboard not only found the ideal buyer, they also supported us through a rather complicated sale process with outstanding commercial advice and prudent strategic input throughout. A great job done by a great team.