Stoke-on-Trent ceramics manufacturer Steelite International acquires Royal Crown Derby
CERAMICS manufacturer Steelite International has today announced the acquisition of the iconic British brand Royal Crown Derby.
The company, which has an annual turnover of around £7 million, was purchased for an undisclosed sum.
Stoke-on-Trent based Steelite's takeover will see Royal Crown Derby, famous for its production of china and giftware, remain in independent hands.
Kevin Oakes, Chief Executive of Steelite International, said: “This is excellent news for both companies.
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“Like us, Royal Crown Derby has a first-class reputation across the globe and we know that our expertise as a major ceramics industry player can only strengthen the business offering from Royal Crown Derby and ensure they reach new heights of success.”