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Business & Economy

Consett’s Aztec Diamond ‘will shine even brighter’ after buyout

An equestrian clothing firm has its sights on galloping into a new market following an ownership change.

Aztec Diamond is targeting growth across the mainstream female sportswear market.

The move comes after founder Jordan McCabe bought her mother and business partner Jane out of the Consett-based operation.

And backed by an expert team, which includes ex-Barbour finance director Brenda Readman-Bell, Jordan says she wants to take the company, recognised globally for its products, “so much further”.

“I have spent the last ten years learning how to create the best calibre of sportswear, which I want more women to have access to, without being limited to equestrian,” said Jordan, who was previously named on the esteemed Forbes 30 Under 30 list.

She added: “Aztec Diamond is so much more beyond equestrianism; that’s a big focus going forward.

“My mum has always been there with support and advice, so it will be strange without her, but I know we’re both so ready for this next step.”

Jordan was supported on the buyout by WilliamsAli Corporate Finance, with managing director Abu Ali leading on securing the finance.

Abu said: “Focusing more on mainstream sportswear – in response to her customer demographic – is a very exciting move, and one which could see Aztec Diamond an established name in even more of the international clothing market.

“We are delighted to have been able to support Jordan and can’t wait to see where the next chapter on her hugely successful journey takes her.”

Chris Hughes, corporate partner at Mincoffs Solicitors, and Tim Mallon, of Mallon Tax, also supported the deal.

Anthony Evans and Stephanie Brown, from Muckle LLP’s corporate team, advised Jane on her exit.

  • Pictured, above, from left to right, are Abu Ali, managing director at WilliamsAli Corporate Finance, Aztec Diamond owner Jordan McCabe and Chris Hughes, corporate partner at Mincoffs Solicitors