Posts Tagged ‘loewy group’

Published 30th Apr 2013, 23:10

Writtle boosts operating profit by 36%…

Writtle Holdings, the privately owned  collection of marketing businesses that include those of the former Loewy Group, increased its operating profit by nearly 36% in 2012 although its operating... Read more
Published 23rd Aug 2012, 20:13

Writtle makes healthy profit in first half of 2012

Writtle Holdings, the privately owned company that has acquired majority stakes in a portfolio of media and marketing services companies under the leadership of Robert Essex, reported a... Read more
Published 2nd May 2012, 19:13

Writtle profits from Loewy takeover

Writtle Holdings, the privately owned marketing group that acquired Loewy Group and Arken POP International last year, as well as a lot of related debt, has reported a post-tax profit of almost £1.4... Read more
Published 11th Dec 2011, 10:23

Loewy’s private equity backers now have 28% stake in its rescuer

The two US private equity investors that lost substantial amounts by investing in the design business Loewy Group now hold a 28% shareholding between them in the company that rescued it. Writtle... Read more
Published 15th Nov 2011, 20:45

Most privately owned agencies making a profit despite tough conditions

Revenue growth evaporated, profit margins and productivity remained under pressure, and working capital came under increased strain, but most privately owned companies in the marketing sector still... Read more
Published 26th Oct 2011, 23:39

Loewy ran up losses of £35m before being bought by Writtle Holdings

Loewy Group had run up losses of £35 million by the end of 2010, prior to being bought by Writtle Holdings in July this year (see Writtle completes acquisition of Loewy), according to documents... Read more
Published 30th Jul 2011, 08:22

Loewy valued at £2m as directors leave

Without a last minute capital injection, the terms of acquisition of Loewy Group by Writtle Holdings would have valued Loewy at £2 million, wiping out most of the £15 million book value of the... Read more
Published 19th Jul 2011, 11:44

Writtle completes acquisition of Loewy

Writtle Holdings confirmed this morning that it has completed the acquisition of loss-laden Loewy Group, as anticipated here exclusively last week (see Writtle coming to the aid of Loewy). The... Read more
Published 12th Jul 2011, 20:12

Writtle coming to the aid of Loewy

The loss-ridden design business Loewy Group is understood to be in the closing stages of a deal whereby ownership will be acquired by Writtle Holdings, a privately owned company headed by Robert... Read more
Published 18th May 2010, 19:54

Loewy private equity backers re-jig their funding deal

Loewy Group, the loss-making design and marketing consultancy, restructured its balance sheet by converting £16.7 million of private equity loans into permanent share capital and adding further... Read more