Spandex specialises in marketing, sales, distribution and support of sign making and printing related systems and materials. Headquartered in Ruemlang/Switzerland, Spandex has various operations across Europe and Australia.

Rod Larson, CEO of Spandex says, “We at Spandex are delighted to become associated with Gilde. Spandex, as a stand-alone enterprise, will be able to accelerate its growth and at the same time benefit from the support and resources which Gilde can bring to bear.”

Spandex has been a business division of Gerber, an international supplier of automated manufacturing systems for the sign making, specialty graphics, packaging, apparel and industrial industries based in Tolland, Connecticut/USA.

Gerber was recently acquired by Vector Capital, a US based private equity firm. With the acquisition, Spandex becomes an independent company and management, with the support of Gilde, will continue to execute its growth strategy.

Also commenting, Ralph Wyss, managing director of Gilde says, “The acquisition of Spandex represents an exciting opportunity for Gilde to invest in one of the leading companies in a growing industry.”

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