Nene Capital, an investment firm that focuses on opportunities within UK SMEs, is delighted to announce the successful finalisation of its acquisition of Serene Stone, a distinguished manufacturer and supplier of premium architectural cast stone. This acquisition represents a significant milestone in Nene Capital’s strategic growth plan, fortifying its position as a prominent player in the upper SME manufacturing and engineering sector.
By virtue of its extensive experience and expertise in identifying and fostering businesses with high growth potential, Nene Capital is enthusiastic about joining forces with Serene Stone to drive expansion and unlock fresh avenues for advancement. Serene Stone’s well-established market presence, exceptional team, and innovative product offerings align seamlessly with Nene Capital’s investment philosophy and long-term goals.
Under the terms of this acquisition, Serene Stone will function as an independent entity within Nene Capital’s long-term investment portfolio, retaining its brand, management team, and ongoing business operations. This approach guarantees a smooth transition while harnessing the resources and expertise of Nene Capital to support Serene Stone’s plans for expansion.
“We are delighted to include Serene Stone in our portfolio,” expressed Stephen Bayliss, Managing Director of Nene Capital. “We firmly believe in the enormous potential of Serene Stone and are fully committed to fostering its growth trajectory. Generating value on a risk-adjusted basis remains fundamental to our investment philosophy. Together, we strive to unlock market opportunities, enhance customer value, and achieve sustainable long-term success.”
Simon Stringer, Finance Director of Nene Capital, commented on the acquisition, stating, “Serene Stone’s historical emphasis on quality and timely delivery has facilitated the establishment of a strong financial foundation and commendable trading performance. These attributes make it an exhilarating addition to our expanding collection of SME businesses.”
Both Nene Capital and Serene Stone are deeply optimistic about the future prospects of this partnership and remain steadfast in their dedication to providing exceptional value to customers, employees, and stakeholders in the long run.
