Advising Steamer Trading on the acquisition of Divertimenti

4 Aug 2016 - Corporate
Advising Steamer Trading on the acquisition of Divertimenti

Who we advised:

A gunnercooke team led by Stephen Kingsley and Sofia Hinkley advised the Shareholders of Steamer Trading on their acquisition of Divertimenti.

Steamer Trading is the UK’s leading specialist independent Cookshop. It was founded in 1985 by David and Liz Phillips, respectively the former Buying Director of Habitat and Home Editor of The Sunday Times.

Divertimenti is London’s leading Cookshop, with flagship store in Brompton Road, Knightsbridge.

What our partner said:

Sofia said, ‘Divertimenti’s products and in particular their online presence is highly complementary to Steamer’s existing Housewares business. The acquisition of the prime retail site in Knightsbridge is an exciting move for Steamer. We were very pleased to work with the management teams on this transaction and look forward to seeing what comes next.”

What our client said:

Ben Phillips, owner of Steamer Trading Ltd, said “I am delighted to welcome Divertimenti into the Steamer Trading Cookshop family business. We intend to maintain Divertimenti’s presence in Knightsbridge and to nurture this brand which has sold cookware in London for over 50 years.”

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