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NVM Private Equity announces that NVM Vintage III has invested £7 million in Chemigraphic, a leading provider of Electronic Manufacturing Services (EMS) to the fast-growth medical technology, defence and power systems sectors.
Electronic Manufacturing Services (“EMS”) provider for complex & specialist applications, including medical technology, defence & power systems
£7.0 MBO deal
Headquartered in Crawley, and with an office in China, the Chemigraphic team builds complex products for a wide range of specialist UK and global technology brands, from conception to production, supporting them at every stage of their product lifecycle. Chemigraphic originally began as a family business in 1972 and remained under family ownership until 2010. Chris Wootton, former Group Operations Director of Worldmark, joined the business as CEO in April 2017. He has a clear vision to scale the business globally and has a strong track record of creating value for his shareholders.
With over 130 staff and experience spanning over four decades, Chemigraphic is now set for a period of strong growth. The business is embedded with their customers who trust them to be involved in the very early stages of new product development for their most complex products. The majority of these customers have worked with them for more than 15 years and in many cases the company has become their sole-supplier providing a high-quality, reliable service.
Chemigraphic has a particularly high presence in the radiology and medical imaging sector that in the UK has seen recent annual growth of between 8% and 10%. The investment from NVM will help to accelerate Chemigraphic’s international growth and drive continued development of its technology and expertise, particularly in the medical sector.