Denby Management Buyout

Management Buyout at Denby.

Denby Pottery, the leading manufacturer of premium casual tableware which this year celebrates 200 years of manufacturing, confirmed the completion of the £30m sale of its UK and U.S. businesses in February to a management buyout team led by Garry Biggs, Managing Director. In recent years, Denby has been trading successfully; however, like many businesses it has struggled to service its debt burden. The buyout, funded by Valco Capital Partners ("VCP"), will enable a substantial restructuring of the business' finances.

Garry Biggs, Managing Director, said “We are delighted that we have been able to secure a future for The Denby Pottery Company in what are unprecedented times both for the tableware industry and the global economy. The Denby Board look forward to driving sustained growth and continued success in the future and to strengthening its pre-eminent branded position in its international markets.” Garry Biggs, further commented, “with Denby’s financial position now secure, we are looking to make a number of quality strategic acquisitions in the sector”.