Kesslers International acquires Carters Design
January 2018 – Recently re-invigorated retail display company Kesslers International is positioning itself to implement ambitious new growth strategies, which include acquisitions to increase its specialist services.
Kesslers, which designs and manufactures point of purchase displays from its headquarters in London, was acquired by Elaghmore Private Equity Firm in September 2017.
Elaghmore have now purchased the Intellectual Property Rights for the Carters Design business which will be integrated into Kesslers.
The team at Carters Design will remain based in Leicestershire but will become the Kesslers office in the Midlands.
With a strong focus on the jewellery and watch sector, Carters Design produces POP displays for watch brands including Breitling, Sekonda and Accurist.
Kesslers has also recently recruited Daniel Shields, a highly experienced account director who brings a wealth of watch industry knowledge and contacts. Shields will take up the position at Kesslers on January 8th and will be based in London.
Under revitalised management strategies led by CEO Guy Stanton, Kesslers is bringing innovation to the retail sector, launching a new 5,000 square foot innovation lab and showroom in February 2018 to showcase its latest work and demonstrate the latest technology in retail, including Augmented Reality, Virtual Reality, Near Field Communication, Radio Frequency Identification and IoT enabled displays.
After enjoying an 8% increase in sales in 2017, Kesslers is looking at double digit growth through 2018, working with new and existing customers as well as pursuing further acquisitions.
A rebrand and a new website will be launched in early 2018, and the business will continue to invest in state-of-the-art manufacturing technology.