Mayborn
- Sector Consumer & Private Label
- Year invested 2006
- Location UK
- Status Realised
Mayborn is a leading manufacturer and distributor of baby and child products under the Tommee Tippee brand.
Visit mayborngroup.com
Overview
Under our ownership, Mayborn transformed from a UK consumer products business to the fifth largest baby accessories business globally. Tommee Tippee was elevated to Master Brand status across all product lines, as a result of its brand equity and consumer recognition.
Mayborn entered the US directly, developing its brand presence with an exclusive launch in Babies R’ Us and subsequently also selling through Target and Wal-Mart. After five years, US revenues grew to over $40m. A direct sales model was followed in Mayborn’s core growth markets, which included the acquisition of its French distributor and the establishment of a direct Australian model in 2012.
How we added value
- From UK #2 to clear market leader in the UK and Australia; fastest growing player in the US; and 5th largest player globally
- Increased Mayborn’s international sales from 40% to 60% of total revenue
- Built up the Tommee Tippee brand to account for 95% of sales on exit
Mayborn has undertaken a transformational journey over the past 10 years, and I would like to thank 3i for its partnership. 3i’s international mindset has been an important factor in our successful expansion into new markets.
Regulatory information
This transaction involved a recommendation of 3i Investments plc.