Foresight Group has invested in Mclaggan + co to facilitate the acquisition of Customworks, aiming to enhance growth in the giftware and homeware markets across the UK and Europe.

Target Company Information

Foresight Group has made a significant investment in Mclaggan + co, a prominent Scottish company specializing in giftware and homeware products. Established over fifty years ago, Mclaggan has developed a reputation for its high-quality ceramics, particularly bone china mugs, by collaborating with various artists and designers. The company's production facility is located near Loch Lomond, and in recent years, it has experienced robust growth due to the diversification of its product offerings, which has been well-received by customers.

This investment is intended to facilitate the strategic acquisition of Customworks, a giftware company founded in 1997, which operates production facilities in Bo’ness and Malaga. Customworks provides a unique selection of products, including bespoke giftware tailored for major tourist attractions such as museums and galleries, thus complementing Mclaggan’s existing range effectively.

Industry Overview

The giftware and homeware industry in Scotland has demonstrated resilience and growth, buoyed by a burgeoning demand for high-quality, locally produced goods. The sector has benefited from increasing consumer interest in artisanal and handmade