WBD has advised Nestware, a sister company of the UK's largest retailer of carpets, flooring and beds Carpetright, on its acquisition of Keswick Flooring Ltd, one of the UK's leading online direct to consumer hard flooring brands.
Keswick Flooring Ltd, which trades as FlooringSupplies.co.uk, was founded over 30 years ago and boasts four retail stores in and around London. The acquisition will extend Nestware's reach into the digital flooring space.
Simon Watts of WBD commented:
"We're delighted to have advised on this exciting acquisition. Our strong corporate expertise coupled with our sector knowledge in Retail & Consumer enabled us to secure the best possible outcome for our client."
Jeremy Sampson, company secretary and General Counsel for Nestware and Carpetright, added:
"We are excited by the opportunity to work with the FlooringSupplies.co.uk team and to be supporting the growth of this very successful brand."
"We've worked with WBD principally on the property side and are pleased to have expanded our relationship and the expertise and commitment of the team."
Ranking in the UK's top 20 law firms, WBD supports clients with their regional, national and international growth strategies. The firm has a large corporate practice in the UK advising clients on a broad range of corporate transactions, particularly M&A, IPOs, private equity investments as well as growth and development capital fundraisings.
WBD's Retail & Consumer sector team advises many of the world's best-known consumer brands and retailers across a full range of national and international legal issues. Clients in the UK include Kingfisher Group, Colgate-Palmolive, Whitbread (Costa Coffee), Post Office, Specsavers and New Look. In the US, clients include Krispy Kreme Doughnuts, Inc., Reynolds American, Inc., Lowe’s Companies, Inc., and Hanesbrands Inc..