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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.

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