Glendower Capital consortium acquisition of 40% stake in Liberty London

Overview:

• A consortium led by Glendower Capital has acquired a 40% stake in Liberty London from BlueGem in a deal that values the company at £300 million.
• The London store on Great Marlborough Street was founded in 1875 and focuses on luxury items such as fabrics, jewellery and perfume.
• BlueGem originally invested £32 million in the store in 2010.
• The store had sales of £133 million in the year up to February 2018.

Sam Duke