INDUSTRY UPDATE
Franke awarded double accolade the The Kitchen Innovation Awards 2023
Franke Home Solutions has earned two awards at the Kitchen Innovation Awards 2023 which recognises outstanding products from the kitchen and cooking equipment sectors. The company has
secured the coveted awards for its newly launched Mythos Masterpiece Sink Collection and has also earned special recognition with a Favourite Brand Gold Award, which is given to companies and brands that have received the “Award-Winning Product” rating three times in three consecutive years. Recognised against the criteria ‘Functionality, Innovation, Product benefit,
Design and Material quality’, Mythos Masterpiece offers a specially curated collection of handcrafted premium stainless-steel bowls, taps, push knobs, wastes and soap dispensers. Available in three coloured metallic finishes of Anthracite, Copper and Gold, Mythos Masterpiece sinks feature Franke’s exclusive F-Inox Technology. The application of a special nanocoating formula to the colour on metal PVD technology creates a smooth surface, ensuring a long-lasting finish due to its proven ability for scratch, stain and boiling water resistance.
Industry comes together to support Simon Acres Group Careers day
Representatives from across the industry came together to attend the Simon Acres Careers Day and support the drive to raise awareness and knowledge about how to attract more apprentices into the KBB and merchant industry. With a focus on
delivering answers and solutions, the audience heard from a wide range of speakers involved in apprenticeship programmes. Quooker MD Stephen Johnson began by sharing the commitment that
his company makes to young people. Other speakers included David Barker from the Association of
Apprentices; Kerry Wilson from the BMF; Alex Glasner from training provider, Workpays; Kasim Choudry from the Pathway Group and Damien Walters, BiKBBI. The event concluded with a panel discussion and Q&A with the four
sponsors; Quooker, Der Kreis, MKM and LEAP Apprenticeships. The event host, Simon Acres Group Sales Director Jordan Burns said,
“We are so grateful to everyone that supported this event and contributed to make it such a success.”
38 BKU APRIL 2023
Carysil UK Ltd acquires a majority share in The Tap Factory Ltd on 3rd April 2023
7
0% of the shareholding of The Tap Factory Limited has been acquired by Carysil UK Limited, a wholly owned
subsidiary of Carysil Ltd, which is listed on the BSE Limited and National Stock Exchange of India Limited (NSE). The deal marks Carysil’s third UK acquisition, after completing the successful acquisition of Homestyle Products Limited in 2014 and Sylmar Technology in 2022. Stuart Greenwood commented: “Having developed the business from
conception alongside my wife and partner Zoe, we are delighted to be joining the Carysil Group whereby I firmly believe the company can dovetail into the group and add value. The energetic direction of Carysil is exactly the right path to take. This acquisition is great news for the company, staff and our partners and we are excited to embark on this new journey together.” Carysil is a global
market leader in the design, manufacture and supply of kitchen and bathroom products. It is active in over 60 countries, with a significant presence in the UK, USA, Germany, France, China, and India. The acquisition of The Tap Factory follows one of its key strategic objectives to acquire market-leading brands in the kitchen sector. The Tap Factory products and customers strategically complement Carysil’s existing product offerings. Managing Director Stuart Greenwood will report directly to Carysil UK Ltd CEO, Marcus Smyth, but there is likely to be little change in the day-to-day running of the business. In line with other group companies, the Tap Factory will become known as Carysil Brassware Limited. Marcus Smyth CEO Carysil UK Ltd commented: “The acquisition of The Tap
Factory sees the company widen and specialise its portfolio here in the UK, the addition and core strength of The Tap Factory led by Stuart and his team will see us strengthen our position within the kitchen and bathroom brassware sectors, we are very excited, Stuart and I have worked closely together for many years and have collaborated on many joint products and initiatives together, we could see that amalgamating the business within the wider group would prove a great fit for both parties whilst opening up The Tap Factory portfolio to a much greater audience both here in the UK and across our Global network.”
u+44 (0) 1260 223163
uinfo@carysil.co.uk uwww.carysil.co.uk
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