Silver Cross Nurseries Limited has been acquired by Fosun International Limited
The private shareholder of Silver Cross Nurseries Limited has sold the company to Fosun International Limited for an undisclosed consideration.
Silver Cross Nurseries, founded in Yorkshire in 1877, offers a range of modern pram systems and lightweight strollers alongside its hand-built heritage prams, complemented by its growing nursery furniture range.
Fosun International is a global investment group based in China. Currently, Fosun mainly invests in sectors that would significantly benefit from China's growth momentum, such as consumer goods, financial services, resources and energy, and manufacturing, participating in the rapid development of China's economy.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
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