What is Rowan International?
Rowan International operates as a specialized intermediary in the FMCG sector, focusing on the procurement and resale of excess inventory from major brands across the UK and Europe. The company offers suppliers a vital alternative channel to market for surplus products, thereby mitigating waste. Rowan International's service model includes competitive pricing, comprehensive shipping, and customs clearance at no additional charge. Their diverse product catalog encompasses personal care, household goods, and confectionery, serving both discount-seeking consumers and businesses looking to liquidate clearance stock.
How much funding has Rowan International raised?
Rowan International has raised a total of $6.7M across 1 funding round:
Private Equity
$6.7M
Private Equity (2017): $6.7M with participation from Connection Capital LLP
Key Investors in Rowan International
Connection Capital LLP
Connection Capital LLP is a private equity firm that specializes in alternative investments, including private equity and debt. They focus on providing direct investments in established UK SMEs and facilitating co-investment opportunities for private investors seeking enhanced returns.
What's next for Rowan International?
The substantial enterprise-level funding Rowan International has attracted, particularly the recent strategic investment, signals a phase of accelerated growth and market penetration. This capital infusion is likely to be directed towards expanding operational capacity, enhancing logistical networks, and potentially broadening the company's supplier and customer base. Strategic partnerships and further market diversification are probable avenues for leveraging this financial backing, solidifying Rowan International's role as a key player in the surplus FMCG market.
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