10 years ago
Anglo European Group Receives Investment from Octopus Investments
Anglo European Group Ltd, a UK-based supplier of specialist steel sections for window and door reinforcement, received an investment from Octopus Investments
The company will use the funds to expand and to reach more customers both in the UK and abroad
The investment saw Paul and Chris Sullivan release some of their equity to Octopus
CEO Paul Sullivan will become the majority shareholder in Anglo, while Chris Sullivan, currently Operations Director, will reduce his stake in the business
Peter Toland, previously CEO of Autologic, a leader in aftermarket automotive diagnosis also backed by Octopus, will become Chairman.
ProblemManufacturing
"Anglo European Group Ltd, a UK-based supplier of specialist steel sections for window and door reinforcement, needed investment to expand and reach more customers both in the UK and abroad."
Solution
"The company received an investment from Octopus Investments to achieve its expansion goals."