CustomVis raises funds

Bombed-out laser eye surgery equipment specialist CustomVis has tapped investors for £299,390 to boost European sales.


Bombed-out laser eye surgery equipment specialist CustomVis has tapped investors for £299,390 to boost European sales.

Bombed-out laser eye surgery equipment specialist CustomVis has tapped investors for £299,390 to boost European sales.

Hawk Investment Holdings, vehicle for serial investor Bob Morton, is supporting the placing at 1.3p and will emerge with 23.5 per cent of the Western Australia-based company, which lost a much reduced £223,000 in the six months to last December, having made £1 million pre-tax in the year to June 2008.

AIM-quoted CustomVis, which with Hawk’s support fought off a coup attempt by ex-directors last June, will use the money to pay certain creditors and step up its European sales drive following a successful trade exhibition in Barcelona, says chief executive officer Paul van Sarloos.

Nick Britton

Nick Britton

Nick was the Managing Editor for growthbusiness.co.uk when it was owned by Vitesse Media, before moving on to become Head of Investment Group and Editor at What Investment and thence to Head of Intermediary...

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