Slaughter and May is advising Hunter Douglas N.V., a major manufacturer of window coverings and architectural products, on its £300 million acquisition of Hillarys, a UK retailer of blinds, curtains and carpets with significant expertise in in-home sales, from Ares Capital Corporation.
The existing management team, led by CEO John Risman, will remain with the business.
Founded by Henry Sonnenberg in 1919, Hunter Douglas now has 50 manufacturing and 80 assembly operations in more than 100 countries, employing about 21,000 people and generating sales of $2.8 billion.
With sales of £185 million, Hillarys supplies made-to-measure window coverings through a network of self-employed sales advisers, and has nearly 1,300 staff across its assembly facilities and offices in England.
Slaughter and May is advising Hunter Douglas on the deal with a Corporate team led by Murray Cox (partner, in picture), alongside Aleezeh Liaqat (associate); on Tax law with Gareth Miles (partner), Charles Osborne (associate); on Competition matters with Jordan Ellison (partner), Stephen Heagney (associate); on Employment law with Sandeep Maudgil (partner), David Rintoul (associate); on Real estate matters with Jane Edwarde (partner), Ben Redding (associate); and on IP/IT law with Cathy Connolly (partner), Michaela Peck (associate).
The sellers and management were advised by DLA Piper with a team led by Tim Wright.
Involved fees earner: Murray Cox – Slaughter and May; Aleezeh Liaqat – Slaughter and May; Gareth Miles – Slaughter and May; Charles Osborne – Slaughter and May; Jordan Ellison – Slaughter and May; Stephen Heagney – Slaughter and May; Sandeep Maudgil – Slaughter and May; David Rintoul – Slaughter and May; Jane Edwarde – Slaughter and May; Ben Redding – Slaughter and May; Cathy Connolly – Slaughter and May; Michaela Peck – Slaughter and May; Tim Wright – DLA Piper;