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Vardis Supports Spandex & Chequers Capital

Vardis Proud To Support Chequers Capital In Appointing Michel Klein As Non-Executive Chairman


Michel Klein is the new Chairman of Spandex. 

Michel Klein is a multicultural CEO leading fast-growing €Bn international businesses in industrials & distribution. He is aNon-Executive Director, Senior Advisor to Major PE and to International Strategy Consultancy Firms. He specialises in growth in complex organizational and technological environments, acquisition and integration of companies - turn-around of companies in various regions.

Michel is Head of Etex Roofing since August 2016. Before joining Etex, he spent one year as Senior Advisor for building materials and distribution, for a global private equity firm based in London. Between 2009 and 2015, Michel was a member of the Rexel Group Executive Committee, the leading worldwide distributor of electrical supplies, and CEO and Senior VP of Central & Eastern Europe. From 1995 to 2009, he took up various positions at French building materials group Lafarge – fulfilling the roles of Organisation Director, CEO of Lafarge Roofing Components, CEO of Lafarge Roofing France, then Group Vice President and member of the Executive Committee of Monier Group (previously Lafarge Roofing). 

Originally founded in Paris in 1972, Chequers Capital has expanded its operations through offices in Munich and Milan. Over the years, Chequers Capital has completed almost 300 investments in France, Germany, Italy, Spain, Belgium and Great Britain. With financial resources of €1.5 billion at its disposal, Chequers Capital invests in companies with an enterprise value of between €50 million and €500 million.

Headquartered in Switzerland, Spandex connects manufacturers of the world’s leading media brands and equipment to more than 30’000 SME customers. Spandex is one of the world’s leading suppliers of materials, sign systems, displays and equipment to the sign making and graphics industries. Since 1976, it’s been our business to provide complete solutions for businesses that produce signs and displays, digital prints, speciality graphics, vehicle wraps and many other forms of visual communication. With offices in 15 countries and a broad product portfolio from industry leading brands, they offer their customers an outstanding service, delivered by a team of experts.


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