Spandex

Headquartered in Switzerland, Spandex is a leading pan-European B2B distributor of graphic media products and equipment & services to the signage and visual communication industry. With its 750 employees Spandex connects manufacturers of the world’s leading media brands and equipment to more than 30,000 customers. The Company sells products from all leading third party brands like 3M, Avery and Orafol, as well as their own brand ImagePerfect. Spandex has leading market positions in 13 European countries and in Australia. Customers are served through 28 efficiently located sites across these countries.

Since the company was founded in of the company in 1976, Spandex’ management team has successfully transformed and grown the business to reach a leading position in its markers over the past few years. In addition to growing organically, Spandex significantly enhanced its market position through several add-on acquisitions over recent years.

In a secondary buyout Chequers together with the management team acquired 100% of the shares from Gilde.

Value creation

Chequers supports Spandex in its strategy to further grow the company. This includes expanding into new markets and new product categories as well as further add-on acquisitions.

Investment year
2016
Turnover at acquisition
€200-300m
Type of operation
MBOSector Consolidation
Business sector
B2B Distribution
Country
GermanySwitzerland