Luxury goods group Waterford Wedgwood has taken full control of British china maker Royal Doulton.
In a statement this morning, it said it had received acceptances for its €58m offer from shareholders representing 69% of Royal Doulton's share capital. As Waterford already held 21% of the company, it now controls 90.5% of the shares.
The offer has now become unconditional and Waterford can acquire the remaining shares.
Waterford has said that the investment made in its manufacturing plants will enable it to integrate Royal Doulton with minimal disruption.