Investment Date
August 2005
Vertical
Industrial
Fund
GCP I
Investment Status
Prior
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Somero Enterprises

Leading manufacturer of technologically advanced concrete placing equipment and associated machinery


Highlights

  • Founded in 1985 and has grown and prospered by delivering superior products to an international market
  • Products are marketed in Europe, Middle East and Africa, Latin America and Asia through direct sales force, sales representatives and dealers
  • Publicly traded on the London Stock Exchange AIM Market (SOM.L)
  • Headquartered in Jaffrey, NH with manufacturing facilities located in Michigan

Initiatives

  • Focused business on new product launches and pipeline investment
  • Received Industry’s “Expert’s Choice” and “Most Innovative Product” awards
  • In November 2006, admission to London Stock Exchange AIM completed