Raventa buys up North West manufacturers

Raventa have bought Lexicraft, a £2.8m-turnover sign-making business based in Birkenhead, Wirral

Lexicraft was established in 1954, employs 52 staff, and manufactures nameplates, barcodes, logos, labels and signs.

The signs are used for vehicles, bicycles, computer hardware, domestic and consumer goods and industrial machinery. Customers include Bentley Motors and Virgin Trains.

Last month Raventa, owned by Marta and Bill Ravenna, acquired BMB Weatherproof Canopies, based at Wallasey, Merseyside. It was the first acquisition by the firm.

Bill Ravenna said: “We see strong potential for Lexicraft to expand within the UK and across Europe, and look forward to working with the team to achieve our goals.”

 Raventa was advised on the deal by HURST Corporate Finance comprising Nigel Barratt, Lauren Roberts and Richard Higham.

Nigel Barratt said: “The acquisition of Lexicraft marks another north west deal for Raventa. Lexicraft has been going for 60 years and can look forward to the future with confidence.”