Harvey Ingram makes a splash with Stuart Decorating Supplies

Release date: 26/2/2010

Leicester-based specialist paint and decorating supplier Stuart Decorating Supplies Limited snapped up by a national decorators' merchant, for an undisclosed sum.

John Stobart and Nicoleta Bakalis, of Harvey Ingram's corporate team, together with Manjit Kooner, from the firm's property team, completed the sale of Stuart Decorating Supplies on behalf of DSW Holdings Limited, to Brewers Limited.

Stuart Decorating Supplies is a well established supplier with a reputation for quality and value among professional decorators. It stocks Crown, Dulux, MacPherson, Permoglaze, Sadolin, as well as a full range of specialist designer paints including Farrow and Ball. It is also able to source products needed for unique and distinctive projects. The experienced staff team has stayed on with the business to work with the new owner Brewers Limited, an expanding chain of decorators� merchants with 130 outlets across the south and Midlands.

DSW Holdings Limited is already an existing client of Harvey Ingram and retains other business interests.

David Wood, owner of DSW Holdings Limited, says: "It was great working once again with the experienced lawyers at Harvey Ingram. They were able to help me appreciate the legal issues that came up in separating one business out of the group and making sure that ongoing commercial relations were preserved. Time was critical and the Harvey Ingram team was able to meet deadlines and deliver the deal on budget. Being Leicester based they have a natural feel for the local market conditions and people."

Working alongside Harvey Ingram was Stewart Collier, of Leicester accountants, business advisers and tax specialists Mark J Rees, who provided expert financial and accounting support in a number of key areas by applying the usual 'can-do' approach with a focus on the delivery of practical business solutions.

John Stobart says: "Leicester is our home market and no one understands the core owner-managed business sector better than Harvey Ingram. We can handle transactions of all sizes at a price that meets clients' expectations. We know all the financial advisers in Leicester and work alongside them to deliver the deal that clients want. Getting the best legal advice doesn't mean paying expensive rates when clients deal with the local Harvey Ingram team".