David Rigby Associates (DRA), the specialist strategic marketing consultancy in technical textiles, has announced it has added Corporate Finance services to its scope of practice. This is to address new client needs arising from increasing structural change in the sector. DRA believes its new services will be particularly helpful to those considering cross-border acquisitions and expansions.

Working with selected Corporate Finance specialists, DRA is now providing services worldwide in:

·         strategic business planning

·         reorganising businesses

·         restructuring company finances

·         acquisition and disposal strategies

·         identifying potential acquisitions

·         buying and selling businesses

·         raising capital

·         due diligence research in markets and finance

DRA is also setting up a confidential register that will include details of both technical textile businesses that are for sale and the types of businesses potential acquirers are seeking. Buyers and sellers are encouraged to provide their details to this free service so that matches and introductions can be made.

The target industry sectors are technical textiles, nonwovens, new fibres, performance materials and smart textiles.

"Discussions at the Frankfurt Techtextil show confirmed our consulting experience," says David Rigby, Managing Director of DRA. According to Rigby, there a number of factors promoting structural change in the world technical textiles sector which are leading to an increased focus on issues of company structure, finance and acquisitions.

"In the developed world, the already established change factors are market maturity, the increasing power of customer-led supply chains and low cost competition. These are driving changes in company ownership, the search for new technologies and products and the setting up of off-shoring and out-sourcing arrangements. Pressure for change has recently been increased by the world financial crisis which threatens the future of many businesses, particularly smaller, family-owned ones. But this also provides attractive acquisition opportunities for cash-rich companies.”

"In the developing world, companies now wish to enter the industry to supply both the developed world and their growing home markets. They are seeking products, technologies, supply relationships, joint-venture partners and acquisitions from developed countries.”

"We are providing services to companies in both developed and developing countries and believe that our international experience will be particularly useful to those considering cross-border acquisitions and expansions."

For more information visit: www.davidrigbyassociates.com

Contact: David Rigby, +44-161-975-5115, [email protected]