Modulex acquires leading Canadian company working with sign graphics
Modulex Group, headquartered in Billund, Denmark, has just bought 51% of the Canadian company Cygnus Group.
Cygnus Group is one of North America´s leading companies within development and management of communication strategies for the built environment including a number of distinct but closely related fields such as wayfinding, environmental graphic design, brand implementation, placemaking, and signage. The company is located in Toronto, Vancouver, Calgary and Edmonton and employs approx. 40 employees.
Modulex CEO, Søren Bendt says: "With the acquisition of Cygnus Group we gain control of one of the industry´s best players and at the same time we create a great platform for the expansion of our activities, including our efforts in the United States."
Modulex takes over Cygnus Group with effect from 1 September 2013.
About Modulex Group
Modulex Group creates visual value to brands, companies, institutions and organizations worldwide. With 50 years of experience and an international network covering more than 45 countries Modulex are market leader in intelligent and creative information and visual solutions to support communication and branding. Modulex manufactures and installs across technologies and materials, both indoors and outdoors, in close collaboration with design and architecture agencies.