Fikkerts, a manufacturer of toiletries and home fragrance products which was established in 1903, has been sold to Hera Beauty in a deal advised on by KBS Corporate.
Founded by Everard Carter early in the 20th century, the Keighley-based family business was passed down through the generations to his great-nephew Richard Fikkert and his wife Julia, who offered the company for sale as part of their retirement plans.
The company designs and manufactures its own products and sells them via its website, as well as through a network of retailers across the length and breadth of the UK and the Channel Islands, and has also launched in the USA.
Fikkerts designs and markets a range of products carrying the branding of the Royal Botanical Gardens, Kew, which includes bath salts and foam, cleansing bars, hand lotions and creams, and body sprays.
Its acquirer, Hera Beauty, is a Peterborough-based skincare manufacturer which offers brands the opportunity for a range of business partnerships – from start-ups seeking a foothold in the market, up to established companies and multinationals.
A statement announcing the acquisition read: “We are thrilled to announce that Hera Beauty has acquired Fikkerts, which is known for its natural, sustainably sourced ingredients and dedication to high-quality products.
“This acquisition represents a significant milestone in Hera Beauty’s product development strategy. It strengthens our capabilities in cosmetics and personal care while expanding our portfolio to include a wider range of toiletry and home fragrance products.”
Andrew Kennedy, the acquirer’s managing director, added: “I’m very excited to welcome Fikkerts to the Hera Beauty family – a brand with exceptional products, rich heritage and strong values. Not only are we bringing the Fikkerts brand into our portfolio, but also welcoming the fantastic private label customers who work closely with them.
“Acquisitions are always complex, but I’m incredibly proud of how the Hera team has embraced the challenge. And thank you as well to the Fikkerts team for their trust and partnership as we ask a thousand questions to learn their business!”
Oliver Rigby, KBS Corporate deal executive, advised on the transaction and expressed thanks to Claire Stretton and Sam Dell of Higgs LLP for the legal work they provided.
