Harvey Jones has announced that it has been acquired in a management buyout backed by Coniston Capital. The investment is set to facilitate the exit of majority shareholders, John Curwen and Andrew Kretzschmar.
The MBO was led by Harvey Jones MD Darren Woolsgrove, who will be supported by the incumbent executive board – namely operational director James Hadingham, sales director Matt Dagworthy, creative director Melissa Klink and marketing director Olivia Faranda.
Adrian Fawcett will be joining the company as a non-executive chairman. He has over 20 years' experience in executive and non-executive roles across multiple sectors. Notably, he has chaired bed and mattress manufacturer Silentnight Group, and Park Holidays Group, one of the UK's largest holiday park operators.
Harvey Jones was founded in 1977, and designs and produces handmade and hand-painted kitchen cabinetry. The company has 28 kitchen showrooms across the UK.
Darren Woolsgrove said: "The team and I are delighted to be working with Coniston and Adrian, and we are excited to be collaboratively working with them in Harvey Jones' next phase of development."