BGF pumps £3m into Dudson
The Business Growth Fund has invested ТЃ3m into 200-year-old UK ceramics manufacturer Dudson Holdings.
The fresh capital will be used to improve the company's manufacturing efficiency, buy new machinery to support the development of new product categories and boost sales and marketing activities.
Company
Established in 1800, and now managed by its eighth generation of family members, Dudson supplies the travel and hospitality industry with tableware. Customers include Virgin Rail, Pizza Hut, Virgin Atlantic, Nando's and Hilton Hotels.
The company manufactures its ceramic tableware at its factories in Stoke-on-Trent and Digoin, France. Dudson is headquartered in Stoke-on-Trent, employs 500 people and generates turnover of just less than £30m.
People
Ian Dudson is non-executive chairman, Max Dudson is CEO and Mark Dudson is group operations director of the company, while Katie Dudson is marketing manager. Ian Downing, investment director at BGF, has joined the company's board as part of the deal.
Advisers
Equity – Grant Thornton (Tax); Gately (Legal).
Company – Freeth Cartwright (Legal).
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