TG Green & Co Revives Production with Royal Stafford Assets Acquisition

Deal News | Mar 21, 2025 | Home of Direct Commerce

TG Green & Co Revives Production with Royal Stafford Assets Acquisition

TG Green & Co has acquired the assets of its former supplier, Royal Stafford, allowing it to resume production of its Cornishware bisque pottery. The acquisition includes factory machinery and the hiring of 17 former Royal Stafford employees, made possible by a new agreement with the landlord of the Royal Stafford factory. Having been a key supplier since 2017, Royal Stafford's closure posed a challenge to TG Green's operations. However, by securing these assets, TG Green aims not only to restart production but also to attract former customers of Royal Stafford, thus reviving its business operations.

Sectors

  • Ceramics and Pottery
  • Manufacturing

Geography

  • United Kingdom – Both TG Green & Co and Royal Stafford are based in the UK, and the acquisition involves assets and production facilities within the country.

Industry

  • Ceramics and Pottery – This industry pertains to the manufacturing of bisque ware and other pottery items, as highlighted by TG Green & Co's acquisition of Royal Stafford's assets to continue their production.
  • Manufacturing – TG Green & Co's acquisition involves resuming and managing the production process through acquired factory machinery and facilities.

Financials

  • Not Specified – The article does not disclose any financial terms of the acquisition or related arrangements.

Participants

NameRoleTypeDescription
TG Green & CoAcquirer/BuyerCompanyTG Green & Co is a company specializing in the production of Cornishware bisque pottery and has acquired assets from Royal Stafford.
Royal StaffordVendor/SellerCompanyRoyal Stafford was a pottery business established in 1845 which supplied TG Green & Co until its recent closure.