Established in 1992, by Kenneth and Fiona Acheson, Acheson & Acheson manufactures prestige beauty brands, supported by its R&D, manufacturing, regulatory compliance, product design and product development functions. Acheson & Acheson has over 380 employees, which includes over 50 people working exclusively on pioneering product development and innovation, keeping its clients at the forefront of the beauty industry. The business offers an end-to-end service that runs from product/packaging design & development, formulation development, international sourcing, product testing to UK manufacturing, warehouse and distribution. The company also holds numerous high value accreditations, including being a certified BRC Grade A Supplier and compliant with Sedex.
"Acheson & Acheson is a truly exciting addition to THG and I am delighted to welcome this very talented team. In Acheson & Acheson, we have made a significant investment and one that uniquely positions THG to make a step-change in its innovation, operational excellence and manufacturing capacity," said THG CEO Matthew Moulding.
Acheson & Acheson has a state-of-the-art 78,000 sq. ft. manufacturing facility in Frome, Somerset along with two other sites in Trowbridge - one being its head office and the other, a facility for product packaging, storage and distribution. The facilities will now be added to THG's portfolio, which includes two food production and distribution facilities - a 1m sq. ft. Cheshire based facility (Omega) and a US facility in Kentucky - as well as a production and logistics centre in Poland, which brings next-day delivery to continental Europe.
According to Kenneth Acheson, co-owner and managing director, Acheson & Acheson, this transaction will Acheson & Acheson to the next level of growth under THG's expert guidance.
"We're incredibly proud of everything we've accomplished to date and of our fantastic team. It's why finding the right partner was of utmost importance to us and I have absolutely no doubt that we've found this in THG," he added.
The investment represents long-term strategic benefits for THG as it reinforces its ambition of becoming the fully integrated, global digital leader in the beauty and wellbeing sectors. Future expansion plans include THG's intention to spend £50m replicating Acheson & Acheson in Europe and US.
Ameliorate, Acheson & Acheson's own skin care brand, is included in the purchase and will subsequently be added to THG's own brand portfolio. Targeted at sufferers of Keratosis Pilaris, the specialist brand is sold globally through leading prestige and specialty retailers including Space NK Apothecary, Selfridges, Boots, Harvey Nichols, Liberty's and Marks & Spencer.