Pictured above: John Stobart of Harvey Ingram's Corporate
Team
Leicester-based specialist paint and decorating supplier Stuart
Decorating Supplies Limited was snapped up by a national
decorators' merchant, for an undisclosed sum.
John Stobart and Nicoleta Bakalis, of Harvey Ingram's corporate
team, together with Manjit Kooner, from the firm's property team,
completed the sale of Stuart Decorating Supplies on behalf of DSW
Holdings Limited, to Brewers Limited.
Stuart Decorating Supplies is a well established supplier with a
reputation for quality and value among professional decorators. It
stocks Crown, Dulux, MacPherson, Permoglaze, Sadolin, as well as a
full range of specialist designer paints including Farrow &
Ball. It is also able to source products needed for unique and
distinctive projects. The experienced staff team has stayed
on with the business to work with the new owner Brewers Limited, an
expanding chain of decorators' merchants with 130 outlets across
the south and Midlands.
DSW Holdings Limited is already an existing client of Harvey
Ingram and retains other business interests.
David Wood, owner of DSW Holdings Limited, says: "It was great
working once again with the experienced lawyers at Harvey Ingram.
They were able to help me appreciate the legal issues that
came up in separating one business out of the group and making sure
that ongoing commercial relations were preserved. Time was critical
and the Harvey Ingram team was able to meet deadlines and deliver
the deal on budget. Being Leicester based they have a natural feel
for the local market conditions and people."
Working alongside Harvey Ingram was Stewart Collier, of
Leicester accountants, business advisers and tax specialists Mark J
Rees, who provided expert financial and accounting support in a
number of key areas by applying the usual 'can-do' approach with a
focus on the delivery of practical business solutions.
John Stobart says: "Leicester is our home market and no one
understands the core owner-managed business sector better than
Harvey Ingram. We can handle transactions of all sizes at a
price that meets clients' expectations. We know all the
financial advisers in Leicester and work alongside them to deliver
the deal that clients want. Getting the best legal advice
doesn't mean paying expensive rates when clients deal with the
local Harvey Ingram team".