The North East owner of baby brand Tommee Tippee has seen its profits jump 77% on the back of global growth and new product development.
Mayborn Group, which has more than 1,100 staff around the world, has it head office in Balliol Business Park in Newcastle, overseeing the group’s popular brands including Tommee Tippee baby bottles and the sleep brand Gro.
The firm has bases in the US, Australia, France and Hong Kong while also owning and operating manufacturing facilities in Mansfield, Morocco and China, and accounts for 2021 have now been published, in which the firm toasts rising profits despite seeing a dip in revenues.