Ralph Capper acquired by Tavisford
Bolton-based Tavisford Southerns Group Interiors has acquired a controlling stake in Manchester rival Ralph Capper Interiors.
Ben Capper retains a stake in RCI and will continue to run the Manchester studio, based in Knott Mill off Deansgate. His parents Ralph and Susan Capper, who founded the firm in 1975, will retire and have sold their shares. Simon Elder and Andy Walsh of Tavisford join the board of RCI.
Tavisford employs 50 staff and has a turnover of £10m. RCI employs five staff and turns over £2m.
Ben Capper said: "This strengthens Ralph Capper Interiors' position in the market and offers wider resources in order for the company to win larger and more complex furniture projects."
RCI will push ahead with showroom refurbishment plans in the near future ensuring that its position as the leading independent furniture consultancy in the north for Architects and Designers is maintained.
Meanwhile, Lina Olsson has left Ralph Capper Interiors to relocate to London, having accepted a position at Camira fabrics beginning in August.
Hurst & Co and Gorvins Solicitors advised RCI on the deal.
Brabners Chaffe and CLB Coopers were advisors to Tavisford.
