Investor Nene Capital has acquired Serene Stone, a Nottinghamshire manufacturer and supplier of architectural cast stone.
As part of this acquisition, Serene Stone will operate as a standalone entity within Nene Capital’s long hold portfolio, retaining its brand, management team, and existing business operations.
This approach ensures a seamless transition while leveraging Nene Capital’s resources and expertise to support Serene Stone’s expansion plans.
“We are thrilled to welcome Serene Stone into our portfolio,” said Stephen Bayliss, Managing Director of Nene Capital. “We believe in the tremendous potential of Serene Stone and are committed to supporting their growth trajectory.
“Creating value on a risk adjusted basis remains core to our investment philosophy. Together, we aim to unlock market opportunities, enhance customer value, and drive sustainable long-term success.”
Simon Stringer, finance director of Nene Capital, said: “The historic focus of Serene Stone on quality and delivery has allowed it to establish strong underlying financial and trading performance. These characteristics make it an exciting addition to our growing portfolio of SME businesses.”
