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Latest deal for Katy Sue Designs sees it acquire Yorkshire rival

South Shields firm has bought Brighouse-based Kanban Crafts and is hoping to take advantage of its popularity in the º£½ÇÊÓÆµ and Germany

Sue Balfour runs Katy Sue Designs in South Shields

North East craft business Katy Sue has bought one of its largest competitors in what it says is a “significant º£½ÇÊÓÆµ and international expansion”.

The South Shields company, which has been on a buy-and-build strategy since receiving significant investment in 2017, has acquired the trading assets of Brighouse-based Kanban Crafts, a papercraft brand made popular on shopping TV channels in the º£½ÇÊÓÆµ and Germany.

The deal for Kanban brings complimentary papercraft manufacturing capability to the Katy Sue business along with more than 20 years of designs and creative content. The brand will continue to trade in both in the º£½ÇÊÓÆµ and Germany.

Read more: go here for more North East business news

Katy Sue founder Sue Balfour said the acquisition of Kanban is one of a number of deals the business is currently looking at as it aims to consolidate the crafting market.

She said: “I have been a Kanban fan for a long time, appreciating their constant innovation and incredible foiling detail. We are delighted to bring yet another quality º£½ÇÊÓÆµ manufactured product range to Katy Sue HQ.

“Our plan is to quickly relocate the business to our factory in South Shields and bring the brand back to TV and online during March. We can assure all Kanban fans that we will shortly return to the airwaves on Create and Craft and QVC Germany.”

Paul Wright, chairman of Hochanda Global Ltd, the owners of Create and Craft TV, said: “We are thrilled to continue our strong relationship with Katy Sue and of course Kanban at this very exciting time for the channel. Kanban has been the premier supplier for card making kits to Create and Craft over many years and we and their army of fans look forward to seeing the new products arriving on our screens soon.”