The UK business is a product development collaboration between two companies in England and France.
They develop new disruptive ideas in the retail sector for global marketing and manufacture. They also collaborate with other product designers, inventors, and engineers to iterate and prototype their concepts. They operate in a wide range of sector focused on consumer products / retail market.
The UK company is seeking a joint venture partnership with a company that has a specialty in producing modular buildings and working with innovative materials in the home or building sector.
Because prototyping and manufacture are expensive and often cost-prohibitive, the UK company is seeking a strategic partnership (ideally a joint venture) with a manufacturer who would have the capacity to develop and build their studios.
The ideal partner would have an interest in sustainability in manufacturing and the capacity to manufacture on either a bespoke basis or scaled-up production for licensees or retail outlets. Ideally, the company would have the capacity for low to mid-volume production and eventually distribution.
The designers are seeking a joint venture partnership whereby a manufacturing partner offers its expertise and production capacity for a share of back-end product royalties. This is not a request for outsourcing or fulfillment logistics.
Advantages & innovations
Since the Covid-19 pandemic and the increased need to work from home, the innovators have seen a gap in the market for a new range of bespoke garden studios and offices. Their new range of garden studios is a significant departure from the typical market product and the team is working with new design concepts and materials focused on sustainability.
Stage of development
The partner would be a well-equipped manufacturer of outdoor buildings or modular homes. The partner should be able to engineer, prototype and test the new designs to EU and US safety standards
If the partner has the capacity to move into distribution either locally or internationally this would also be valued, although it is not essential.
The UK company is seeking a joint venture and/or manufacturing partnership. In return, the UK company would offer exclusive production rights and profit share.