International Track 200

Celebrating its 40th birthday this year, this Lincoln-based company supplies office equipment such as scanners, printers and copiers to the public and private sectors. Having made some 30 acquisitions over the years, including in Ireland, in 2006 it dipped its toe in the American market by buying a small firm in Florida. This success was followed by a larger acquisition in the Sunshine State last year. Bregal Capital backed a buyout from founder Colin Daniels for £130m in 2008, taking a 30% stake, followed by a further 10% in 2010. International sales have grown by 81% a year, from £10.5m in 2007 to £34.3m in 2009.

This profile reflects the company at time of publication and does not reflect any changes that may have subsequently occurred. Fast Track and its sponsors do not endorse, guarantee or recommend investment in any of the companies.

Company details
Year2011
Rank44
CompanyDanwood Group
ActivityOffice equipment supplier
LocationLincoln
2-yr av intl sales growth pa80.65%
International sales £000s34,252
Total sales £000s194,072
Staff1,295
Founded1971
Websitewww.danwood.co.uk

If applicable:

* Supplied by company † Annualised figure