In response to an article on Denby Pottery on page 3 of The Times on Monday (25 July), the iconic British ceramics and homeware brand – which was recently featured on BBC 2’s Inside The Factory, presented by Gregg Wallace – has confirmed that it is seeking new investors to further accelerate recent growth in the UK, North America, South Korea and China.
Responding to the claim in The Times that Denby Pottery is ‘on sale with a valuation in the region of £50m’, driven by its status in South Korea, Sebastian Lazell, Group ceo of Denby, clarified: “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.”
He confirms: “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.”
The Denby brand’s ceramics and homewares are made in England, with the addition of the company’s new porcelain manufacturing capability, alongside its long-standing stoneware operations at the 200-year-old Derbyshire-based pottery, opening up further opportunities.
Top: The Denby HQ factory building in Derbyshire.
