Octopus completes investment in Anglo European Group
10th November 2015

Octopus Investments a UK fund management company, has announced the completion of a significant investment in ANGLO EUROPEAN GROUP LTD supplier of specialist steel sections for window and door reinforcement.

Anglo, founded in 1990 managed by Paul and Chris Sullivan, now works with approximately 400 customers.

The new strategic partnership sees Paul and Chris Sullivan release some of their equity to Octopus. CEO Paul Sullivan will become the majority shareholder in Anglo, while Chris Sullivan, will reduce his stake in the business. Peter Toland, previously CEO of Autologic, which is also backed by Octopus, will become Chairman of Anglo.

Paul Sullivan said: “This significant investment will allow Anglo to provide greater support for our customer base, while the appointment of Peter Toland as our new Chairman will be invaluable to our firm, given his significant business expertise. Octopus has an exceptional track record of backing companies like ours to help achieve success through organic growth, and we are delighted with the support they have provided as we seek to meet our ambitions for the business in the very near future.”

Grant Paul-Florence, head of the Intermediate Capital team at Octopus, said: “Anglo is an established and market leading business with an experienced management team, a unique market position and strong growth prospects. We are looking forward to working with Paul, Chris, Peter and the team as they take the business forward and move into the next exciting phase of development.”