Saracens chairman invests in Hy-Pro

Nigel Wray (pictured), Saracens’ chairman and major shareholder, has taken a 44 per cent equity stake in Hy-Pro International.

The former non-executive director of Domino’s Pizza will also sit on the board as chairman.

Hy-Pro owns a number of brands, including Zinc, which has grown rapidly in the past five years to become one of the leading scooters, skateboards and bikes brands in the world.

The company has also produced branding licenses for football clubs and businesses in Europe, including Manchester United, Chelsea and the Champions League.

Hy-Pro said that Wray has come on board to underpin the company’s growth strategy.

Atul Shah, Hy-Pro’s CEO, says: “Nigel will add significant value to the growth proposition moving forward.

“His approach and superb investment track record convinced us that he is the right partner to join our management team and for the growth of our business.”

Wray adds: “Atul and the team have built an impressive business encompassing highly successful intellectual property, which is being taken up strongly across UK and international markets.

“It is a very exciting time to get involved with Atul and the team and I have no doubt that Hy-Pro will continue to expand into new customer bases and territories.”

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