Sir Brian Souter in buyout of Celtic & Co

SCOTTISH transport entrepreneur Sir Brian Souter’s family investment vehicle has partnered with retail executive and investor Ben Barnett to complete a buyout of Celtic & Co, a wool-based sustainable clothing and homeware brand.

Celtic & Co, which Souter Investments noted specialises in ethically sourced fashion, was founded more than 30 years ago in Cornwall.

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Souter Investments said: “Celtic & Co’s heritage and expertise is in crafting sheepskin to produce slippers, boots, and accessories. It has since expanded its offering to include a range of enduring contemporary pieces using the finest natural fibres.”

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It declared that the buyout of Celtic & Co aimed to “capitalise on the company’s well-established, successful and scalable ecommerce platform and growing international customer base whilst also accelerating investment into product volumes, new product development, and third-party retailer relationships”.

Celtic & Co’s founders, Nick and Kath Whitworth, will continue to be involved with the business, Souter Investments noted.

The Herald Scotland

The Herald Scotland

The Herald is a Scottish broadsheet newspaper founded in 1783. The Herald is the longest running national newspaper in the world and is the eighth oldest daily paper in the world. The title was simplified from The Glasgow Herald in 1992