George Cox will proceed with its premium Goodyear Welted manufacturing in Northamptonshire, in addition to exploring additional manufacturing capabilities in Portugal |
Fred Perry Holdings has acquired George Cox Footwear for an undisclosed sum.
An announcement mentioned the buying and selling enterprise of Geo J Cox Ltd has been acquired by Fred Perry Holdings Ltd, including the 2 British manufacturers are “long-time collaborators, each with deep subcultural roots.”
“George Cox welcomes the funding and abilities that this partnership brings, and with it, the chance to additional develop as a worldwide model broadening their attain to a wider vary of individuals around the globe, resulting in sustainable digital-led progress.
“The George Cox identify has been synonymous with high quality craftsmanship since its very beginnings in 1906 and can proceed with its premium Goodyear Welted manufacturing in Northamptonshire, in addition to exploring additional manufacturing capabilities in Portugal.”
Adam Waterfield will proceed as managing director and Steve Gollings will stay as head of operations.
George Cox joins the broader group of British manufacturers together with Fred Perry and Lavenham which in flip is owned by the Japanese mother or father firm, Hit Union.
As a part of the group, George Cox Footwear can be built-in into Fred Perry Holdings’ long-term funding technique with entry to the worldwide area of interest distribution community and digital experience of the broader group.
The phrases of the deal weren’t disclosed.