Sofas and beds manufacturer Maker&Son has been acquired by Inc & Co group in a reported multi-million-pound deal.
Its latest acquisition, Maker&Son, a British furniture brand founded by father & son, Alex Willcock & Felix Conran, the grandson of the late furniture designer Sir Terence Conran, in 2018.
The fast-growing brand, which is part of a design dynasty, having been founded by the third generation of the Conran family, is globally synonymous with creating the viral ‘sofa jump’ and for making some of the world’s most sustainable luxury sofas and beds for a digitally native adoptive audience. It employs 150 people across the brand worldwide.
A statement from Maker&Son said: “We’re over the moon to announce that we’re making room on the sofa and we’re joining the Inc & Co group. After a slightly bumpy journey these past few months, this new ownership comes with only positive changes for us, allowing us to keep our uncompromising approach in what we do, and we’re excited to begin our brand new chapter. And we hope you are too!
“Like us, Inc & Co are people oriented and passionate about preserving heritage brands, so we know we’re all in good hands and can’t wait to resume service as normal.
“We are more excited than ever to continue to share the Maker&Son difference with you and to get on with the job of doing what we do best – creating the world’s most sustainable and comfortable sofas and beds ripe for jumping on.”
Inc & Co, the Manchester-based business group headed by Jack Mason, Group CEO, was founded just six months before the global pandemic in July 2019, and has since grown turnover to £30m in its second year.
Maker&Son is the group’s first business with global reach, with the brand having established operations in Australia, New Zealand, Asia, the USA and Ireland.
Maker&Son joins the recently acquired luxury leather goods company KNOMO London and Chop’d, a food and beverage salad brand. Other brands include Baldwins Travel, Fast Web Media, King Street Grooming and Poke + Bowl, as well as incspaces.
Commenting on the businesses, Jack Mason, Group CEO of Inc & Co said: “We pride ourselves on expediting acquisitions in an extremely human-centric and diligent way. Inc & Co focuses on businesses that speak to digitally native consumers, we were founded in the digital sphere and focus on improving efficiencies in this area first. We are a people-first investment group, progressive by nature.
“We are ambitious and though we both launched at a turbulent time and continue to weather uncertainty – the pandemic economic hangover – we are still ambitious and believe that through applying a digitally minded and strategic approach to business you can succeed. Into next year we are excited to work with the Maker&Son team to strengthen the brand and to expand it further regionally and internationally. We are also looking to grow our property and office division, incspaces. Outside of that, we’re always open to opportunities.”
