Spire Solicitors LLP represented the shareholders in the successful completion of the sale of Art Angels Ltd (“Art Angels”), a prominent greeting cards business based in Norwich, to Page Bros at the start of 2024.
This strategic transaction marked an exciting new chapter for Art Angels and solidified Page Bros position as a leader in the print and packaging industry. Art Angels is renowned for its high-quality greeting cards, which feature artwork from both contemporary and classic artists. The company has established a strong market presence with a diverse range of products that appeal to various customer preferences. This acquisition by Page Bros ensures the continuation of Art Angels legacy while providing opportunities for further growth and innovation under new leadership.
Page Bros, a well-established name in the print and packaging sector, brings extensive expertise and resources to the table. The acquisition aligns with their strategic objectives to diversify their offerings and enhance their market presence. By integrating Art Angels into their portfolio, Page Bros is set to broaden its product range and tap into new market segments, particularly in the greeting cards industry.
“It was a pleasure to work with Chris and Judy supporting them throughout the sale of their business” said Abigail Milliken, Associate at Spire Solicitors LLP who led the transaction. ” This deal underscores Art Angels unique market position and its future potential. We wish them every success and are excited for the next steps for the business in its continued growth in Page Bros safe hands.”
Abi was supported by the wider Corporate Team, including Jessica Blake a trainee solicitor in the Team at the time and Matt Downing, partner and head of the Corporate Team. Ben Keane a Consultant in the Commercial Property Team advised on the Commercial Property aspects.
Chris Cordingly and Judy Bennett-Rees, exiting shareholders of Art Angels, expressed their enthusiasm for the partnership and the role of Spire Solicitors LLP in the transaction:
“This partnership with Page Bros is an exciting milestone for Art Angels, ensuring that our business remains rooted in Norwich while providing a platform for continued growth. From the beginning, it was evident that Page Bros shared our cultural values and vision, making them the ideal partners for us.”
“Spire Solicitors LLP played an instrumental role in this process, offering invaluable guidance and support every step of the way. Their dedication and expertise were crucial in navigating the complexities of this transaction and we always felt confident with them by our side.”
The transaction highlights Spire Solicitors LLP’s commitment to supporting local businesses through complex and transformative deals. Our experienced team provided comprehensive legal advice and guidance throughout the process, ensuring a smooth and successful transaction for all parties involved.
For more information on this transaction or to discuss how Spire Solicitors LLP can assist with your legal needs, please visit www.spiresolicitors.co.uk.
About Spire Solicitors LLP
Spire Solicitors LLP is a leading law firm offering a wide range of legal services across various sectors. Our team of experienced solicitors is dedicated to delivering expert legal advice and representation, ensuring the best outcomes for our clients.
About Art Angels Ltd
Art Angels Ltd is a distinguished greeting cards business based in Norwich, known for its high-quality products featuring artwork from both contemporary and classic artists. With a strong market presence, Art Angels continues to delight customers with its diverse and creative offerings.
About Page Bros
Page Bros is a renowned name in the print and packaging industry, offering comprehensive services and solutions to a wide range of clients. With a focus on quality and innovation, Page Bros is committed to expanding its capabilities and market reach through strategic acquisitions and partnerships.
