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Newable Home Investment Newable announces strategic Investment in J.C. Atkinson & Son

Newable announces strategic Investment in J.C. Atkinson & Son

Date invested:

July 2020

Sector:

Manufacturing

Location:

Durham

Founders:

Julian Atkinson

Established in 1936, J.C Atkinson & Son is a UK leading coffin manufacturer offering a broad, innovative and ethically based product ranges

Newable Capital is delighted to announce a strategic investment in J.C Atkinson & Son (JCA), which will enable long term sustainable growth. Newable Capital is part of Newable, a leading provider of money, advice and space to UK SMEs.

 

Founded in 1936, JCA has grown through three generations of family ownership to become the leading independent manufacturer and distributer of coffins, caskets and other related products to the UK funeral market. The business now employs 150 staff across three UK locations, with the company’s products have an outstanding reputation for quality across the breadth of the funeral market.

 

JCA offers the UK’s most extensive range of products whether traditional, personalised or environmentally friendly coffins, all delivered on short lead times across the country and with a high-quality customer service. The company has been at the forefront of the green growth in the industry, implementing sustainable energy features to minimise its environment impact and develop more environmentally friendly products. The business was first to gain certification Forest Stewardship Council® for its use of green sources of raw materials.

 

It is ‘business as usual’ for JCA, with the leadership team remaining unchanged. The long-term investment by Newable Capital will enable the business to consolidate its leading position in the market, deliver increased capacity of a broader range of products from its existing factories to its long-standing client relationships. 

 

Julian Atkinson, Managing Director, said, “I have been looking for a long-term strategic partner for some time who shares our ambitions in the market. Our market is changing and customers are demanding greater choice and transparency, we want to be at the forefront of that change helping our customers at a time of need. The last three months have put considerable strain on our trade, but I am delighted to say we have been able to support all our existing customers and new ones, which further underpins future growth.”  

 

Peter Barrand, Managing Director at Newable Capital, commented: “JCA’s profile as multi-generational family business that leads in a changing market is an ideal fit for Newable Capital. We have been working with Julian and his team for the best part of a year, which has seen considerable challenges for the sector. As the market starts to stabilise we look forward to working with the business to help deliver on the considerable growth opportunities in the trade.”

 

Find out more about J.C. Atkinson & Sons

 

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