Kitchen, bedroom, and bathroom furniture manufacturer J&J Ormerod plc (JJO) has announced that 4D Capital Partners LLP (4D) has acquired a majority shareholding in the business. The private equity firm cited JJO's strong reputation, high-quality products, experienced staff, and loyal customer base as key factors in its decision.
© J&J Ormerod plc
Under the new ownership, JJO will continue to deliver products and services at existing standards, with a long-term focus on growth and operational improvement. Matthew Scoffield and Anthony Robinson join the company as Executive Chairman and Chief Financial Officer, respectively, working closely with the senior management team during the transition. Managing director Stephen Greenhalgh will remain in the business temporarily to ensure a smooth handover and retain a long-term directorship and shareholding.
Lancashire-based JJO employs nearly 300 people at its 1.2 million sq ft facility in Bacup, with more than half of staff having over ten years' service. The company has a strong track record of investing in plant, machinery, and sustainable manufacturing practices, including the development of an industry-leading carbon calculator with The Carbon Trust to provide comprehensive carbon data for all kitchen products.
JJO partners with a select network of independent retailers across the UK to maintain high standards of service and expertise.
Source: www.bigfurnituregroup.com
