Maker & Son acquired by Inc & Co
The Maker & Son furniture brand has been acquired by Inc & Co in a multi-million-pound deal.
Established by father and son duo Alex Willcock and Felix Conran, Maker & Son makes a range of sustainable luxury sofas and beds and employs 150 people. Conran is the grandson of furniture design guru, the late Sir Terence Conran.
While the company has its headquarters, design studio and showroom in Sussex, it also has manufacturing outposts in the UK, Ireland, the US, Australia, Asia and New Zealand. The brand was recently independently valued at £55 million.
Inc & Co, which celebrated its third birthday in July 2022 and a milestone £30 million turnover in its second year, will assume ownership of the full group. Recent acquisitions and investments by the group include luxury leather brand KNOMO London, food and beverage brand Chop’d and King Street Grooming.
Inc & Co said it has high aspirations for the brand, which will see the continued growth overseas with expansion in Europe and MENA. It is also planning the opening of 20 new Maker & Son regional locations over the next 18 months.
Jack Mason, group chief executive of Inc & Co, said “Inc & Co pride itself on being known for expediting acquisitions in an extremely diligent and human-centric way. We are excited to be joining Maker & Son on its business journey. It is a distinguished brand, with provenance and vision.
“The fast and international growth to date has proven the strength of the product and we’re looking to expand on this further. Inc & Co much like Maker & Son is honed on creating and delivering products and services for the modern, sustainably-conscious and digitally aware customer. Maker & Son fits seamlessly into the Inc & Co portfolio of brands and we can’t wait get under the skin of the business.”
Maker & Son was advised in the sale by Philip Lee while Inc & Co was advised by Glenville Walker.
