ONE of Arran’s most well-known companies has been saved from going under.
Endless LLP, one of the UK’s leading mid-market private equity investors acquired Arran Aromatics from its administrators last Friday.
All the employees have transferred to the new company that acquired the business and assets of Arran and all stores and operations remain open for business.
William Wellesley, the former Managing Director of Molton Brown Cosmetics prior to its sale to Kao Corporation, will join the board as Non-Executive Chairman. Allan Caldwell, previously Chief Executive of Scottish Fine Soaps and a highly experienced manufacturing and retail executive, has also been appointed Chief Operating Officer.
Established in 1989 by Janet and Iain Russell, the company has grown as a luxury brand in the natural wellbeing space.
With sales of £6 million per annum it operates from six retail stores in Scotland and employs over 100 people.
Manufacturing and retail operations will continue on the Isle of Arran, with the business recently launching its new “Sense of Scotland” branding to widespread acclaim from its customer base.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article