Design Objectives Ltd, the UK’s leading designer and distributor of products and accessories to the rapidly growing papercraft market has undergone a buy-out with the backing of Bowmark Capital Limited.
Papercrafting is principally the design and decoration of home-made greeting cards, scrapbooks and personal mementos and is one of the fastest growing leisure pursuits in the UK. In the US papercrafting is a multi-billion dollar industry.
“We are now looking to continue the strong growth of the past few years and to capitalise on some of the exciting new initiatives including the development of an e-commerce capability.”
Andrew Knowles, Managing Director, Design Objectives
“Design Objectives has played, and will continue to play a major role in the UK craft market. We were able to present a very attractive business to buyers as a fast growth, quality asset that is well positioned to continue to dominate the sector.”
Marc Gillespie, Partner, Clearwater International