Whilst many in the UK panic over Brexit, BID Group demonstrates its faith in the UK economy by acquiring Hudsons of England Ltd out of administration and re-employing staff.
Hudsons is a manufacturing company based in Stoke-On-Trent that hand makes fine bone china products. The company sells its fine china products to high-end customers across the UK and also has license agreements in place with companies in China and across the world.
Steeped in history, Hudsons dates back to 1875 and recently underwent a 171,000 pounds sterling facelift to create a visitor centre, that allows customers and also the public to view the factory floor and to watch demonstrations of products being made.
Lee Smith, Managing Director of BID Group says “The acquisition of Hudsons fits perfectly into our portfolio and with our successful track record, Hudsons will be a benefit for the UK economy”.
BID Group are investors that provide turnaround and investment solutions for small and medium-sized businesses. With a 100% success record, BID Group provides solutions that help business owners gain financial rewards for their efforts in businesses that are operating below their potential.