All Interests Aligned (AIA), a Switzerland-based management buy-in investment platform, has acquired a long-standing family business in the carpet and flooring industry. The acquisition secures the future of the 33-employee team while preserving the company's rich 220-year heritage. The business in question is H. Mears (Furnishers) Ltd., a sixth-generation family firm founded in 1802 in Preston, Lancashire.
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This transaction addresses the growing succession challenge faced by thousands of UK SMEs as owners approach retirement, providing a solution that balances continuity, legacy, and sustainable growth.
Philip Cefai, former Managing Director of Crown Paints, will take over as the incoming CEO, bringing extensive industry experience to the leadership of the historic business.
The deal also highlights the role of European investment in supporting UK family businesses, demonstrating how cross-border capital can help maintain traditional enterprises while driving modernisation and long-term sustainability.
Chris Morgan, Marketing Manager at AIA, commented:
"We are proud to have facilitated the succession of such a longstanding family business. This acquisition not only ensures the continuation of H. Mears' rich legacy but also provides the platform and leadership to drive growth in the years ahead."
About H. Mears (Furnishers) Ltd.
Founded in 1802 in Preston, Lancashire, H. Mears (Furnishers) Ltd. has remained a family-owned business for six generations, specialising in carpets and flooring. The company employs 33 people and is recognised for its commitment to quality, craftsmanship, and long-standing customer relationships.
About All Interests Aligned (AIA)
AIA is a Switzerland-based investment platform focused on management buy-ins and SME succession. The company supports business transitions while preserving operational continuity, heritage, and sustainable growth. For more information, visit www.all-interests-aligned.com.
More information:
H. Mears (Furnishers) Ltd.
www.mearscarpets.co.uk
About All Interests Aligned (AIA)
www.all-interests-aligned.com
