Company Description: First Aid Manufacturer
Instructed by: Shareholders
Wallace Cameron International Sold To Crest Medical
WK Corporate Finance has advised on the sale of Wallace Cameron International by its parent, vGroup International Ltd. The acquisition by Crest Medical's holding company, First Aid Holdings, is in line with its strategy to grow the business both organically and by adding key target companies to the group.
Scottish-based Wallace Cameron International is the UK's most established First Aid Manufacturer and brand, exporting to over 30 countries as well as serving the major UK High Street stores. The company also benefits from the endorsement of the Royal Warrant.
Martyn Nash, Chairman of vGroup International, said that the company now intends to focus on core Automotive acquisitions and growth.
Andy Coghlan, Managing Partner of WKCF: "We were delighted to advise vGroup on the sale of Wallace Cameron and believe the company will prosper under Crest's ownership."