Essex-headquartered investment firm The Milbank Group has completed its acquisition of mastectomy and post-surgery wear specialist Nicola Jane, for an undisclosed sum. The Chichester-based company has been established since 1984 and is the only lingerie brand in the UK to be entirely devoted to this sector.
Peter Lawrence, Founder and Managing Director of Nicola Jane, said: “I am delighted that we have found a buyer who is committed to the long-term stability of Nicola Jane.
“I feel confident that the Milbank Group will continue to nurture the business, support the staff and care for our customers – all factors which have proved critical for our success over the past 36 years. It has been my honour to build Nicola Jane to what it is today, and I wish the future owners the very best in continuing and growing its legacy.”
Nicola Jane is the latest addition to Milbank’s diverse business interest which Cadman Cranes, Sui Generis International, ARK Agriculture and Orion Future Technology.
