Sutton Venture Group (SVG) has become the sole shareholder of Swan Products Ltd, a small domestic appliances and housewares brand with a strong British heritage dating back to the 1920s.
Swan will be integrated into SVG’s trading division RKW, where it will benefit from the group’s centralised services and global infrastructure.
Staffordshire-based consumer goods giant RKW, established in 1989, employs over 600 staff across its offices in the UK, Hong Kong, India and China and has a group turnover of more than £200 million.
SVG chairman Rob Sutton said: “I am delighted to welcome Swan into the RKW family of Great British brands. RKW has been a key partner for Swan and the acquisition fits perfectly with our strategy of building British brands into major gobal players through our international network of supply partners and customers.
“We have a talented team and an exciting roadmap of innovation and new product developments which will help propel Swan to become a leading brand in the housewares market. I would like to thank Rob Wileman and Paul Simpson for their work developing the Swan brand and wish them all the best for the future.”
