Media Square plc, an international marketing communications group, has announced the conditional disposal of Coutts Retail Communications and Coutts Germany GmbH, together CRC, to bezier acquisitions, a UK in-store marketing agency backed by MidOcean Partners.

Media Square plc, an international marketing communications group, has announced the conditional disposal of Coutts Retail Communications and Coutts Germany GmbH, together CRC, to bezier acquisitions, a UK in-store marketing agency backed by MidOcean Partners.

According to the agreement, the purchase of CRC, point-of-purchase design and production specialists in the UK and Germany, will go through for £7.3 million cash on completion and falls in-line with the company’s restructuring programme.

In the year to 28 February 2007, CRC cited net assets valued at £14.7 million, turnover of £19.2 million and pre-tax losses of £800,000.