Denby is on the hunt for new investors to accelerate its recent growth.
While the brand and business goes from strength-to-strength in its home UK market, as well as overseas in North America, South Korea and China, they are now on the hunt for further investment.
Most recently the famed pottery expanded its offering by developing porcelain manufacturing capabilities, which it operates in tandem with its pottery.
It also enjoyed a peak in interest off the back of its Halo assortment appearing in the hugely popular South Korean Netflix show Squid Games. Denby already operates a retail outlet in South Korea and is a hugely popular brand in the sales territory.
Sebastian Lazell, group CEO, Denby, explains that while Hilco Capital “are delighted” with the company’s growth, they are now seeking support from investors who can help drive Denby forward even more.
“Hilco Capital, who invested in the Denby business in 2009 securing jobs and manufacturing operations in the UK, are delighted at the sustained progress of their investment and are keen to ensure that the positive trajectory continues.
“Denby Pottery, our investors and advisors are, therefore, reviewing options for the future ownership of the Denby Group, potentially involving the support of investors better suited to the increasingly international needs of the business in the years ahead. No decisions have been taken at this time and any potential future decision will be taken with the interests of the company’s stakeholders always in mind.
“So, it very much remains business as usual at Denby Pottery with every effort focused on meeting and supplying the needs of its many consumers and customers around the world.”
Currently, Denby exports 50 per cent of its ceramics produced at its Derbyshire manufacturing site to both its own wholly-owned subsidiary businesses headquartered and operating in North America, South Korea and China, plus a network of trusted distributors and retail / hospitality customers in over 40 countries.