Lux Group Holdings, the owner of the Smallbone of Devizes, Mark Wilkinson Furniture and Brookmans brands, has acquired manufacturer and retailer McCarron & Co to its family of brands.
The deal, concluded on 12th July, secures the future of 41 McCarron’s 41 employees and will see production continue at Bromham, Wiltshire. The Chelsea and Bromham showrooms are set to stay open, but the Notting Hill branch will close.
Group Head of Marketing for Lux, Samantha Clegg, stated: “McCarron & Co are a great addition as the brand ethos complements our current offering of the finest British bespoke furniture pioneering new designs and techniques. This is the perfect platform and timing for us to progress our luxury business and develop a major share in the global luxury kitchen industry.”
Lux Group Holdings is a subsidiary of Sapphire 700, an umbrella group owned by New York-based real estate specialist Gary Barnett’s Extell Development Company.
More at: https://www.luxgh.com
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