The three directors, Neil Hughes (managing director), Richard Halliday (commercial director) and Alan Ramsay (financial director) have been supported by Barclays bank to take a major share of the business in order to continue its growth.
MD Neil Hughes commented: "We are grateful to John Hammond for his commitment and investment in Dartington Crystal over the last 12 years. We are delighted to be able to further his ambitions for the company and for his belief in us as a management team."
Mr Hammond commented: "Despite market challenges, the company and its employees are well-positioned to meet them and prosper. I am very proud of what we have achieved over the years and look forward to seeing profess continue."
As the last factory-scale producer of crystal in the UK, Dartington employs 130 members of staff at its Torrington HQ. The company also owns the Scottish Caithness Glass brand, Royal Brierley cut crystal and John Beswick ceramics. In recent years, it has developed a diverse range of sales channels including high street retailers, wine and spirits, corporate gifts and bespoke own-label products. In 2017 the business celebrated 50 years of trading with record sales of circa £14million.
For more information about Darlington Crystal, visit https://www.dartington.co.uk/
