British ceramics firm Emma Bridgewater has secured an £8 million investment package from the Business Growth Fund (BGF) to support further 海角视频 growth and international expansion.
The Stoke-on-Trent business - which is known for its colourful, hand-decorated pottery - will use the cash injection - in addition to a £2.5 million debt facility from HSBC - to increase capacity at its Potteries factory and explore new international markets such as China and the USA.
As part of the transaction former Joules CEO Colin Porter has joined the board at Emma Bridgewater.
Founder Emma Bridgewater said: "The company is well-known for relaxed, colourful, domestic pottery; our distinctive and friendly designs are also available on a wide range of homewares, beyond the kitchen dresser.
"All our ceramics are made in Staffordshire deploying traditional local craft skills; we have grown organically over the past 35 years whilst staying true to my vision of beautiful wares, made with love and attention in a beautiful factory.
"I am personally very excited to have this opportunity to work with the BGF, with Colin Porter chairing our coard, to expand our brand into new markets - and a new era."
Joanne Smith, an investor at BGF who will be joining the board of Emma Bridgewater, said: "Emma Bridgewater is a long-standing, iconic British design brand driven by a highly-capable and professional team, and with exciting plans for future growth.
"We’re delighted to be joining the business as its long-term investment partner as it explores new sales opportunities both here in the 海角视频 and overseas."
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Stephen Welton, CEO of BGF, added: "We recognise that Covid-19 is creating immense challenges for small and medium-sized businesses across all sectors, cities and towns in the 海角视频 and Ireland.
"However, BGF remains committed to backing high-potential firms such as Emma Bridgewater, and we will continue to make new investments, supporting businesses and contributing to the longer-term economic health of the 海角视频 and Ireland."