Portmeirion Group has acquired Royal Selangor Canada’s 50% interest in Portmeirion Canada Inc. The move makes Portmeirion Canada a wholly-owned subsidiary of Portmeirion Group, ending its 33-year partnership with Royal Selangor.
The company stated the move was part of its strategy to build a significant presence in Canada. Royal Selangor Inc. will continue as the Canadian and U.S. distribution company for Royal Selangor pewter products and Portmeirion Canada will continue to operate from its current office and warehouse facilities and retain the combined workforce.
The company also announced that Robert Burke is stepping down from his executive role as Portmeirion Canada’s president, having served the business for 33 years since the Canadian business was founded. He will remain as a non-executive director on the board of Portmeirion Canada.
At the same time, CY Wong is stepping down as senior vice president but will continue to act in a senior management role, reporting to Bill Robedee, newly appointed president, North America, Portmeirion Group.
“This investment represents Portmeirion Group’s long-standing commitment to the Canadian market and its Canadian customers,” said Robedee. “We are well-placed to deliver a long-term growth strategy in Canada, where we see significant potential, and I am looking forward to partnering with CY to achieve that growth.”