Jamieson has advised the management team of Mayborn Group, a leading manufacturer and distributor of baby and child products, on its sale to Shanghai Jahwa (Group) Co. Ltd (“Jahwa Group”). Jahwa Group is the parent company of a leading Chinese consumer products organisation and is wholly owned by the Ping An Insurance Group.
Mayborn Group’s Tommee Tippee® is the number one feeding brand in the UK and Australia, the fastest growing bottle brand in America and one of the top 5 baby brands in the world. Its feeding, hygiene and soothing products are sold in more than 70 countries. Over the last 10 years Mayborn Group has experienced rapid growth boasting net sales of £130m and EBITDA of >£25m in 2015. The group has executed an international expansion strategy that includes the highly successful launch of Tommee Tippee in the US in 2010, growing sales to almost $40m in that market.
“I would like to thank the Jamieson team for their tremendous support throughout the process and for providing the necessary expertise, direction and support to the management team throughout”
Steve Parkin, CEO