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Baby brand Cosatto appoints HURST
ICONIC baby products brand Cosatto, manufacturer of ‘baby stuff with personality’, has appointed accountancy firm HURST as it aims to grow its turnover 30 per cent in 2012.
The accountancy firm which has offices in Manchester, Stockport and London, will provide business strategy advice and accountancy services for the Bolton business which last year recorded a turnover of £12.5 million.
The business sells its products to retailers across the UK including Argos, Mothercare, Boots and John Lewis.
In the last three years the manufacturer and distributor of nursery products including pushchairs, highchairs, car seats and furniture has undergone a dramatic refocus resulting in a bright new creative identity.
Andrew Kluge, Cosatto’s CEO, said:
“We restructured in 2009, allowing us to concentrate on appealing to the more modern and fashion conscious – it’s paid off. We’re no longer plain pushchair people – we’re a must-have brand for all new parents, making ‘baby stuff with personality’.”
“Now we have established a strong identity, we’re ready for growth. We felt the team at HURST weren’t your regular accountants - they really understand what we’re about. We already have strong presence in the marketplace and with their guidance are looking to grow this significantly in the future.”
Matt Smith, associate partner at accountancy firm HURST will head up the team advising the business.
“Cosatto is an iconic brand and a great addition to our growing portfolio. Cosatto prides itself on being different and the same goes for HURST. There are exciting plans in the pipeline and we are always keen to help realise the plans of ambitious businesses and challenge them further.”
In the 1970s Cosatto was brought to the UK by a small nursery company based in Basildon, Essex. It was later taken over by Andrew Kluge and in 2003 the business relocated to Bolton.
Client wins for HURST in the past year have included indoor snow attraction - the Chill Factore, furniture retailer Stocktons, Exedy Clutch Europe and Harman Technology, of Cheshire.