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UK - Chrysalis VCT backs Rhino Rugby

sarah
26 February 2007

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Chrysalis VCT has taken a 6.25% stake in Rhino Rugby, the official supplier of training equipment to the English and Welsh Rugby Unions.

The company, which was the subject of a non-private equity backed management buy-in in October 2006, is planning to expand its brand into the leisurewear sector. The new capital will be used to fund this expansion. Rhino Rugby is based in Chiswick following a relocation from Devon last year.

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