Bridges completed the acquisition of a majority stake in Nkuku for $24m.

Bridges Fund Management, a fund manager that specialises in sustainable and impact investing, completed the acquisition of a majority stake in Nkuku, an ethical home and lifestyle brand, for $24m. “We are hugely excited to be partnering with Ali, Alex and the Nkuku team. We have a real opportunity here not only to grow the business across multiple channels but also to build a best-in-class ESG champion in the homewares sector. Nkuku’s unique approach – the direct relationships it builds with its suppliers, and its commitment to sustainable materials and traditional crafts – is proving to be a strong differentiator in a market that’s growing rapidly. We look forward to working together in the coming years to meet the growing consumer demand for products that are helping to build a better future for people and the planet,” Emma Thorne, Bridges Fund Management Investment Director.