4 Feb 2014

Higher sales prompt buyer interest

1:42 pm on 4 February 2014

An increase in exports has led to a renowned English pottery firm being put up for sale just five years after it was saved from collapse.

Denby Group in Derbyshire is being sold by Hilco Capital after several companies offered to buy the firm despite it not being on the market.

The firm owns the Denby, Burleigh, Poole and Hartley Greens brands.

The BBC reports it was saved in a buy-out in 2009.

"Following a strong performance in 2013, particularly in key export markets, we have received a number of unsolicited approaches from trade buyers seeking to purchase the business,'' said Hilco Capital chief executive Paul McGowan.

"As a result of this interest, we have thought it appropriate to appoint advisors to run a formal sale process."

The company said sales of the Denby brand increased by 10% on 2012 to £44 million.

A focus on exports saw record growth in North America and Asia.