[ad_1]
A pair who turned over £55million in the course of the pandemic could possibly be about to turn into one of many richest households in Britain.
Upmarket outside pizza oven firm Ooni was based slightly below a decade in the past by husband and spouse duo Kristian Tapaninaho and Darina Garland.
Ooni’s enterprise mannequin is straightforward, it sells pizza ovens and equipment to the general public for upwards of £299.
However the firm has had a stellar 12 months, with households turning to residence leisure to get them by means of Britain’s three lockdowns.
A lot in order that its gross sales have multiplied fivefold in 12 months, from £13million to an eye-watering £55illion throughout Europe and America.
Kristian Tapaninaho and Darina Garland had been working an training firm in 2012 once they stumbled upon the concept to assist households create their very own restaurant-quality pizzas at residence.
Now, it’s emerged the couple are planning to promote a stake within the enterprise in a deal that might propel them into the ranks of Britain’s wealthiest individuals.
Ooni, based mostly in Scotland, is in talks to rent funding banks to advise on the sale of a minority stake within the firm, in keeping with Sky Information sources.
One Metropolis supply recommended the corporate is aiming for a valuation value a whole bunch of thousands and thousands of kilos as a part of that gross sales course of.
In response to the broadcaster, non-public fairness giants with a observe document of investing in shopper items manufacturers are more likely to be among the many potential bidders for a stake.
Kristian Tapaninaho and Darina Garland had been working an training firm in 2012 once they stumbled upon the concept to assist households create their very own restaurant-quality pizzas at residence.
Kristian based the concept. Talking on their web site, the founders clarify: “He [Kristian] was actually entering into making pizza however he was annoyed— ‘my pizzas are good, however they’re not nice.’
“The pizzas Kristian was capable of make at residence lacked that restaurant-quality style that comes from a really excessive warmth. His home oven merely wasn’t reducing it.”
Kristian went on the hunt for a wood-fired pizza oven to make use of in his yard, however all of the merchandise he discovered had been both too costly or too huge.
After a sequence of sketches, many prototypes and ongoing yard testing, he created the world’s first ever moveable wood-fired pizza oven a decade in the past.
[ad_2]
Source link
