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Multichannel retailer BVG secures funding from BGF

BGF News 17.07.2015.

BVG Group, a multichannel retailer based in Wales, received a £10m investment from BGF in July 2015.

Established in 1991 by Chief Executive Iain Burgess, the business has grown rapidly from a single person operation to a highly profitable non-high street multi-channel retailer. In the five years prior to BGF’s investment  BVG had increased revenues by over 70% and profits by nearly 300% through a combination of organic growth and acquisitions.

The business has a substantial online focus, specialising in the sale and distribution of home and garden products, men’s apparel and sporting products via a true multichannel approach to both B2C and B2B customers resulting in the shipment of over 3.5m orders a year.

BVG controls almost every aspect of the business in-house from artwork production and website development through to product design, sourcing, buying, fulfilment, call centre and returns. The Group’s head office is in Brecon, South Wales, it operates and owns a 230,000 square foot distribution centre in Skelmersdale, one of the country’s largest garden building manufacturing operations in Sutton on Trent with its horticultural operations based in Ipswich.