Founded by Peter Ross over 50 years ago, the West London based company became a go-to supplier of made to measure flight cases for equipment owned by some of the world’s most famous bands, including Led Zepplin, Queen, Pink Floyd, The Who, Deep Purple, Abba, Elton John and many more.
From a foundation built on rock and roll, CP Cases now supplies protective cases and cases to customers in 45 countries worldwide.
Peter said: “It is now more than 50 years since we started CP Cases. It feels safe to partner with a long-term, stable owner who will support our continued development and expansion worldwide”
Lagercrantz is a technology group that offers value-creating technical solutions, based on proprietary products and on products from suppliers. Lagercrantz has been listed on Nasdaq Stockholm since 2001.
Jonathan Grant and Chris Gleeson, Partners at law firm DMH Stallard, advised majority shareholder Peter Ross on the deal.
Selling shareholders were also advised by EMC Corporate Finance (Michael Gibbs and Terry Rainback), and Menzies (Andy England) tax advice.