Cobbetts’ Manchester-based corporate practice has advised the UK’s market-leading designer and manufacturer of premium timber conservatories, Amdega Limited, on its acquisition by private equity house, Endless LLP.

Established in 1874, Amdega is the world’s oldest conservatory company, and supplies quality, bespoke conservatories, orangeries, summerhouses, gazebos and pool houses to both the consumer and hotel markets. The business, whose clients include Gleneagles and luxury hotel and resort operator, Four Seasons, has an annual turnover of nearly £20 million and employs 220 people from its base in Faverdale, Darlington. It also exports to the USA and continental Europe.

The investment from Endless will be used to provide additional working capital for the business and support the ongoing development of Amdega. Endless worked on the deal alongside HSBC, which has also provided funding.

Paul Kelly led the deal team for Cobbetts.

Kelly commented: “Amdega’s rich history and strong market position make this an excellent investment for Endless, which is targeting UK manufacturers with notable growth potential. The deal provides additional capital that will allow Amdega to realise its strategic development targets and make operational improvements across the business.”