Norbain
Business
The company distributes branded and non-branded CCTV cameras and systems through its distribution subsidiary Norbain SD. Norbain is one of Europe’s largest distributor of CCTV products and sells direct to customers and installers.
Norbain's manufacturing subsidiary, Baxall, manufactures high-end CCTV cameras, security and control systems and is now recognised as one of the top five specialist global security camera manufacturers in the world.
Norbain plc was acquired by way of a £43 million public-to-private transaction, led by us in September 1999. Subsequently, in 2001, the business was demerged into its separate distribution and manufacturing arms, becoming Upperpoint Distribution Limited and Upperpoint Manufacturing Limited.
Divestment
Upperpoint Manufacturing Limited was sold to its management team in October 2005. In January 2006, Upperpoint Distribution Ltd. was sold to Close Brothers Private Equity for €190m.
Silverfleet contact: Kay Ashton