Stokes Badges Divestment

Role of CDI Office

CDI was engaged for the following activities;

Description of Client

Stokes Badges was part of a larger Public Listed business. Whilst one of the original Divisions, the business moved away from the Stokes Badges division. The Board decided to divest this Division, as it was not aprt of the long term business strategy.

Description of the Acquirer

The acquirer was a competitor to the business, although not exactly in the same space. The acquisition of Stokes Badges provided exposure to new customer bases and increased geographic coverage for all the company’s products.

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