LONDON, April 26, 2024 – Proskauer, a leading international law firm, today announced that it has advised Nick Scali Limited on the acquisition of the entire issued share capital of Anglia Home Furnishings Limited, which trades as Fabb Furniture.
Nick Scali is entering the UK market through acquiring Anglia Home Furnishings, trading as Fabb Furniture. After the acquisition, Nick Scali said it plans to invest in the existing Fabb Furniture network, which will include store refurbishments and rebranding, setting up a new distribution centre, and opening new stores. The rebranded and refurbished store network will transition to the Nick Scali product range.
"I'd like to thank Andrew and the team at Proskauer for their support in this fast-paced transaction and their unwavering provision of excellent, commercially oriented legal guidance, which has been instrumental in navigating the various intricacies of this deal."
The Proskauer team was led by partners Andrew Wingfield and Vikki McKay and included associates Cassie Ditzel, Shahmir Khan and associate Benjamin Peacock (M&A and Real Estate). The team also included partner John Verwey and associate Sulaiman Malik (Regulatory), partners Stephen Pevsner (Tax) and Elisabeth Baltay (Restructuring) and associate Danniyal Lalani (Finance).
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Proskauer has one of the premier global mergers and acquisitions practices. The Firm has advised on some of the most complex M&A transactions across a range of industries, including in the private equity and asset management space.