Armstrong looks into Duncan & Todd for LDC

Business: Duncan & Todd Group Sector: Retail Investor: LDC Deal Size: £15m

Armstrong has worked with LDC to provide CDD for their investment in Duncan & Todd Group, the leading optical provider in Scotland.

The business operates through 3 divisions – retail, manufacturing and corporate – employing 250 people across a national branch network and its ophthalmic lens laboratory in Aberdeen. It also provides outsourced corporate eye care services to more than 200 public and private sector customers, through its Smart Employee Eyecare brand.

Chief Executive Frances Rus has overseen the growth of the business as it has grown from its original base in the North East of Scotland to 28 stores stretching across the Central Belt to the Highlands. LDC’s investment will drive the next phase of growth, by further expanding the geographical footprint and roll-out new complementary healthcare services including audiology.

Armstrong provided CDD for the deal, including over 100 telephone and 4,500 consumer interviews. This builds on Armstrong’s work on consumer retail services, including Rush, Gail’s and The Wag Club.

For further information on this deal, or the consumer sector in general, please contact: Matt McNally on 07894 736 523 or mmcnally@armstrong-ts.com Tom Raymond on 07762 386 216, 020 7661 9324 or traymond@armstrong-ts.com

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