Today Ashley Wilde Group has confirmed the sale of Voyage Maison to RIVA Home Paoletti Ltd. The new acquisition will enable the brand to grow and succeed to the next level.
Founded over 20 years ago, Voyage Maison (VM) is an established soft furnishings company supplying products to international retailers such as John Lewis, Next and multiple independent retailers. In 2019 VM was bought by the Ashley Wilde Group (AWG). For the brand to succeed further the decision was made to sell to RIVA Home Paoletti Ltd, who have the internal manufacturing capabilities and resources to move the brand forward.
June 2023 will mark the sale completion date. Upon completion, Ashley Wilde will continue to license Voyage Maison branded bedding, ready-made curtains, and made-to-measure blinds from RIVA Home.
RIVA Home, a family-run business, was founded in 1973. Now, with a catalogue of over 7,000 products ranging from bedding, curtains, cushions, throws, wallpaper, fragrances and more, taking on the VM brand will only enhance the RIVA Home portfolio.
Simon Brodin, CEO of Ashley Wilde Group comments; “ We are delighted that RIVA Home recognise the huge potential that is Voyage Maison. I strongly believe RIVA Home has the passion, strategic influence and resources to take Voyage Maison to the next level.
For Voyage Maison to further succeed in its unique business offering the business model requires a vertical manufacturing process, which Riva has in abundance. With multiple square-foot warehouses, in-house design and manufacturing facilities, RIVA Home offers the perfect business structure to move Voyage Maison forward.
Voyage Maison couldn’t be in better hands.”
Justin Green, Managing Director of RIVA Home, comments; ‘We are delighted about this new acquisition and we are looking forward to developing the Voyage Maison brand further with our remarkable in-house design and manufacturing teams.
Going forward we will focus on the development of the brand and invest in parts of the business to further help the growth where needed. We will continue to create industry-leading products.”