Bringing you live news and features since 2006 

Cyrus appoints strategic investment manager

RELATED TOPICS​

Cyrus Investment Management (CIM), the specialist engineering turnaround EIS investment adviser, has appointed Stuart Lawrence in the newly created role of Strategic Investment Manager, as well as Managing Director of Rhino Doors (Rhino), one of the UK’s leading high security door manufacturers and CIM investee company, effective 1 May 2016.

Stuart’s previous role was at CNIM, the French multinational, where he was focussed on the nuclear and defence sectors. Prior to this, he was the Managing Director of Booth Industries, Rhino’s largest competitor. 

“I am delighted to be joining Cyrus Investment Management and I am particularly enthusiastic regarding the clear growth potential for Rhino Doors,” says Lawrence. “The planned investment for Rhino Doors over both the short and medium term will realise a significant increase in growth and profitability, building on what is already a profitable business.”

David Hitchcock, Executive Chairman of CIM, says: “We are very pleased to have Stuart join both Cyrus Investment Management and Rhino Doors. Stuart’s past experience at CNIM and Booth Industries means he brings with him a wealth of experience in the security door sector, combined with the expertise and passion needed to lead CIM’s innovative growth plans for Rhino Doors. In his new role of Strategic Investment Manager, Stuart will also be a valued addition to the team as we come to source investee companies for CIM’s second fund, Cyrus Precision Engineering EIS Fund 2, which is anticipated to close by the beginning of April 2016.”

CIM was fully invested in Rhino on 4th of April 2015, in line with the close of CIM’s first fund, Cyrus Precision Engineering EIS Fund 1. Rhino is one of the UK’s leading manufacturers of security doors, barriers and gates for UK critical infrastructure. Rhino is recognised for the extremely high durability and quality of its wide range of products, with every door made having a long service life, excellent reliability, and low maintenance costs. The business is one of the few in the country that holds accreditations from the Ministry of Defence, Post Office and the National Inspection Council for Electrical Installation Contracting (NICEIC).

In the UK, CIM is the only dedicated Enterprise Investment Scheme fund manager that offers individuals the ability to invest exclusively in the precision engineering asset class, with a management team that has over 50 years of experience of profitably investing in, re-structuring, and exiting British precision engineering companies.

Latest News

Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..
Confidence in the continuing strength of bitcoin and Ethereum is driving wider interest in altcoins and other digital assets, according..

Related Articles

Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Cryptocurrencies
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin (BTC) ended the week at approximately USD52,150, showing a notable...
US Distribution Awards trophies
The winners of the first US ETF Distribution Awards at the Exchange conference, hosted by ETF Express and sponsored by...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by