Dukes of London Receives Investment from Private Equity Firm

Dukes Global announces today it has received a significant equity investment from Agathos, the London-based investment firm.

Founded over 20 years ago, Dukes Global, is a premium-brand promotional merchandising company that provides goods and services to public and private-sector businesses worldwide with offices in London and Hong Kong.

Douglas Grays, Dukes’ CEO, will continue to lead the business and drive the growth of both the UK and Asian operations for Dukes Global with the support of Stuart Shepherd, Sales Director.

The Agathos team will provide financial, strategic and operational support to the Dukes’ management team and Ray Peck will join as Chairman. Ray brings 29 years of senior management experience in UK and European office-products, print management and marketing services.

Ray Peck, commented: “The investment will give Dukes a strong base from which to grow. The move now cements Dukes as not only as a strong, thriving business but it will also give the business the opportunity to further expand its footprint globally.”

Douglas Grays, CEO of Dukes added: “We are delighted to have Agathos on board. Their expertise in helping businesses to grow will support our continued expansion in Europe and Asia. Through its established bases in London and Asia and its connections with partners in North America, the company manages a number of significant global contracts. The Agathos team will bring specialist expertise and resource as well as the finance required to take the company to the next level. We are excited about the future and the opportunity for potential complementary acquisitions.”

William de Laszlo, Agathos CEO, said. “Dukes has built an exceptional reputation for delivering valuable expertise and merchandise to some of the world’s biggest companies and we share their entrepreneurial vision for the business’ future.” Ends

Contact: Katie Broome, Savvy & Victor m: 07977 203155 e: katie@savvyandvictor.com