AURELIUS Equity Opportunities SE & Co.’s acquisition of Wex Photographic

TLT has advised Barclays Bank and the management team of leading photographic retailer (David Garratt) on its sale to AURELIUS Equity Opportunities SE & Co.

Corporate partner Jon Gill (Picture) led the TLT team, supported by corporate lawyers James Webb, Nicole Spurling and Dan Akers. Partner Nathan Williams and Legal Director Mark Braude provided tax advice and lawyer Sam Hill advised on banking matters.

Wex will merge with Calumet Photographic, which AURELIUS acquired in June 2016, to create a leading omnichannel offering for the enthusiast and professional photographer market across the UK and Europe, with combined revenues of over EUR 175 million. Wex is currently the country’s largest online specialist photographic retailer, with an annual turnover of EUR 84 million based in Norwich.

Involved fees earner: Jon Gill – TLT LLP; James Webb – TLT LLP; Nicole Spurling – TLT LLP; Dan Akers – TLT LLP; Nathan Williams – TLT LLP; Mark Braude – TLT LLP; Sam Hill – TLT LLP;

Law Firms: TLT LLP;

Clients: Barclays Bank; David Garratt;