Charles Russell Speechlys advise Clive Christian, OBE on his sale of a majority stake in the Clive Christian Group
Charles Russell Speechlys has advised Clive Christian, OBE on his sale of a majority stake in the Clive Christian Group to EME Capital LLP and a consortium made up of its co-investors, which include Sir Brian Souter, Ann Gloag and Jon Moulton. Clive Christian, famously known for producing “the world's most expensive perfume", trades from department stores such as Harrods, Fortnum & Mason and Selfridges in London, and Saks Fifth Avenue in the US.
In addition to perfumes, Clive Christian also produces luxury furnishings and interiors throughout Europe, North America and the Middle East and is best known for its luxury kitchens. Following the acquisition, Amy Nelson-Bennett, former executive at Molton Brown, has become Clive Christian's chief executive. Clive Christian himself continues as creative director. Speaking of the deal, Clive Christian described it as being “a wonderful opportunity" for the group and said: "It was a pleasure to work with Andrew and his team at Charles Russell Speechlys, they were able to advise me personally on all aspects of the transaction".
Andrew Clarke commented: "We very much enjoyed working with Clive and his team on the deal. Advising entrepreneur/founders in circumstances where they are relinquishing control of their company requires the particular skills which we have at Charles Russell Speechlys, whether it is in relation to their name/brand rights or their family’s tax planning, or their re-investment terms alongside private equity investors".
The team was led by Corporate Partner Andrew Clarke and Associates Charlie Ring and Sarah Aldersley. The corporate tax elements of the deal were overseen by Senior Associate Robert Birchall, the real estate components by Partner Sarah Morley and Associate Cara Imbrailo, intellectual property aspects by Partner Jonathan Radcliffe and Associate David Fyfield, and employment concerns by Kirsti Laird.
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Real Estate and Construction Newsletter – December 2017
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