Hammonds Furniture

Specialist manufacturer of fitted furniture received investment to support a management by out.

Regional Debt Fund Investment

Investment: Undisclosed

Investment deal Hands

Transaction: MBO

Regional Fund Sector

Sector: Manufacturing

Regional Fund Location

Location: Hinckley

The Business

Founded in 1926 in Hinckley, Leicestershire, Hammonds supplies fitted bedroom, kitchen and home office furniture to both the home improvement and new build markets. With 89 showrooms across the UK, Hammonds manufactures over 250 orders per day from purpose-built facilities in Hinckley and distributes these nationally via 15 regional service centres. The family-run business has 837 members of staff and achieves an annual turnover of over £85m.

The Deal

Hammonds, the UK’s quality fitted furniture manufacturer and retailer, received an investment from FDC to support a management buyout (MBO).

The MBO brings 100% share ownership to third-generation family members – Richard Hammonds, Group CEO and Mark Hammonds, Group Director.

You might also be interested to know:

The Fund

FDC DEDBT FUND

Find out more details about the FDC Fund used to support this transaction and its key features .
Find out more

Investment Director

Graham Mold

For more information about this deal, connect and contact our Investment Director who headed up this deal.
Our Team