An £8m investment from BGF (Business Growth Fund – investor in growing businesses) will spearhead growth for iconic ceramics brand Emma Bridgewater both in the UK and globally.
Founded in 1984, Emma Bridgewater founded the company in 1984, after she was unable to find the right gift for her mother’s birthday. In addition to its tableware, the brand has diversified into glassware, stationery, picnic-ware, wallpaper and fabrics. Revenues have grown to over £20m in 2019, with EBITDA of over £2m.
HSBC has also committed a £2.5m debt facility, which, together with BGF’s £8m investment will support Emma Bridgewater’s continued growth in the UK, increasing capacity at its Stoke-on-Trent factory, and exploring international markets including the United States and China.
Previously ceo of Joules, Colin Porter joins the board as non-executive Chair.
Founder Emma Bridgewater reflected: “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.” She added: “I am personally very excited to have this opportunity to work with the BGF, with Colin Porter chairing our Board, to expand our brand into new markets – and a new era.”
Top: Emma Bridgewater with some of her ceramics.