"I confirm our excitement with this acquisition and wish to thank everyone involved in the negotiations", Giori said of the deal.
Camper & Nicholsons Designs Ltd. (C&ND) owns the rights to all the registered trademarks of the Camper & Nicholsons brand, in all categories. C&ND provides agreements to the group of trading companies currently licensed to use the Camper & Nicholsons name.
Commenting on the significance of the move, Payne explained, "This acquisition is a major step forward in the development and future prosperity of the Camper & Nicholsons-branded companies.
George Nicholson added, "I am delighted with the powerful initiative that has been taken. The brand will be stronger and the acquisition is a consolidation that leads to the enhanced future of the C&N branded companies."