Osborne Clarke has advised the UK’s largest independent toy retailer, The Entertainer, on its acquisition of the business and assets of Spanish toy retailer, Poly.
Poly was purchased through a competitive bid managed by its administrators and the deal has secured 350 jobs in Spain.
The Entertainer (Amersham) Ltd., trading as TheToyShop.com, retails toys in the United Kingdom and internationally. The company offers action toys and figures, dolls and soft toys, collectibles, electronic and educational toys, arts and creative play products, games and jigsaws, baby and pre-school products, outdoor toys, cars, trains and planes, and Lego and construction products.
The Osborne Clarke team that advised on the matter was led by Partner Edward Persse (Picture) in London and Eduard Arruga in Madrid.
Law Firms: Osborne Clarke;
Clients: The Entertainer;