EME Investments 5 Ltd has acquired British luxury goods company Clive Christian. No financial terms were disclosed. In addition to the transaction, Amy Nelson-Bennett has been named Group CEO of Clive Christian while the company’s eponymous founder Clive Christian will continue as creative director.
LONDON–(BUSINESS WIRE)–Clive Christian, the leading British luxury interiors and fragrance brand, has been acquired by EME Investments 5 Ltd, incorporated by a consortium of private investors including Sir Brian Souter, Ann Gloag, EME Capital and Perscitus Advisers, the family office of Jon Moulton.
The investment, which will see the founder, Clive Christian OBE, dispose of a majority stake in his eponymous company, will accelerate momentum and expansion in the business renown for its fragrances and luxury interiors ranges. Alongside the investment, Amy Nelson-Bennett has been appointed to the position of Group CEO. Clive Christian will remain Creative Director of the company.
Clive Christian OBE commented: “This is a wonderful opportunity for the company. Clive Christian is a brand that in both fragrance and interiors has remained true to the genuine markers of a luxury brand: unsurpassed quality, craftsmanship, uniqueness and creativity. The brand is unapologetically British, heraldic, opulent and committed to producing the absolute best in its field regardless of cost. I am delighted to welcome such experienced investors who share my passion for excellence and vision for the brand. This is an exciting time for Clive Christian, our employees and our growing number of discerning customers around the world.”
As Group CEO Amy Nelson-Bennett brings extensive experience in driving strategic growth for global brands in the beauty and luxury sectors as well as in advising private equity clients. She was responsible for the turnaround of Molton Brown during her tenure as Global President and CEO from 2010 to 2014. She joined Molton Brown in March 2006 as Group Marketing & Merchandising Director, having spent six years heading up the Marketing divisions of HarperCollins and Waterstones respectively.
Amy Nelson-Bennett commented: “Today’s luxury consumer is looking for products and experiences that are truly unique and genuinely crafted. The potential to grow both parts of the business in the UK and internationally – by remaining firmly committed to the values of true luxury and our position at the very top of the market – is immense. Building on the Clive Christian heritage and ethos of designing the best of British luxury, but injecting new momentum and investment, is what will fuel that growth. It’s a unique brand and business opportunity I’m honoured to be leading.”
Speaking on behalf of the new investors, Sir Brian Souter said: “We are excited to be a part of such an iconic British brand. Clive’s values, vision and respect for heritage have become synonymous with luxury and Amy’s experience and reputation will undoubtedly bring significant value as the Clive Christian brand enters a new phase of growth and development.”
About Clive Christian
Clive Christian Ltd is a British luxury goods company specialising in premium fragrance and high-end furnishings and interiors. Founded in 1978 the company is credited with the creation of the statement luxury kitchen. Now covering a broad range of interiors, the company maintains its strong British heritage and commitment to British manufacturing, its dedication to opulence and its guiding principle that luxury design and premium quality are never sacrificed for cost. In 1999, Clive Christian acquired the Crown Perfumery Company, the only house ever to have been granted the image of Queen Victoria’s crown, an image that defines every bottle of Clive Christian perfume to this day. The company set about restoring luxury, art and passion to the world of perfumery by extending the original values that had come to embody the Clive Christian brand. In 2002 the perfumery launched Clive Christian No.1, the world’s most expensive perfume. Clive Christian interiors and fragrances are sold by the world’s most high-end retailers including Harrods, Fortnum& Mason, Bergdorf Goodman, Saks Fifth Avenue and Neiman Marcus. The Company’s headquarters are in Mayfair, London.
About EME Capital
EME Capital is a boutique private equity firm with a focus on British businesses, which are leaders in their field and have the capability to grow into global brands. Previous deals include Soho House, Theo Fennell and Atom Bank.
About Souter Investments:
Souter Investments is the family investment office of Sir Brian Souter, co-founder and Chairman of Stagecoach Group plc. It makes investments across a broad range of asset classes, with a primary focus on private equity, but it also maintains allocations to other asset classes such as private equity funds, listed equities and property Souter Investments has a diverse portfolio of unquoted investments including transport, healthcare, property, telecoms, oil and luxury goods where it was the biggest investor in the syndicate that purchased, turned-around and successfully sold British luxury yacht manufacturer, Sunseeker.
About Ann Gloag
Ann Gloag OBE is a Scottish businesswoman and charity campaigner, who co-founded the international transport company Stagecoach Group alongside her brother Sir Brian Souter.
About Perscitus Advisers
Perscitus Advisers is the family office of Jon Moulton.