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Lancashire-based investment firm Seneca has taken a seven-figure minority stake in Whyte & Ivory Limited, the maiden transaction of its new private equity division.
Nelson-based Whyte & Ivory is a global wholesaler of curtain linings and blackout fabrics used in both domestic and commercial markets. The new investment will allow the company to realise its ambitious growth plans in Europe and the USA.
Founded in 2008 and led by husband and wife team Peter Hamilton and Anne Collins, Whyte & Ivory is an important link in a supply chain that typically starts in Asia, adding value through importing, stockholding, innovation, quality and local market service.
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