"Frazer Hall’s ability to guide and advise Artis through the often difficult negotiating process with the difference in native languages was definitely a skill that without its presence the probability of a successful outcome would have been far less"
- John Artis
John Artis Ltd
John Artis Ltd
John Artis Limited is a distributor of tableware, focusing on the hospitality sector. Based in Chessington, Surrey, the Company prides itself on an exceptional reputation, developed over forty years, coupled with an ethos of integrity extended to staff, customers and suppliers. The owners, approaching retirement age, were keen to find a buyer that could continue this culture. Frazer Hall was mandated, subsequently identified, then approached BHS tabletop AG, a German manufacturer of tableware that is listed on the German stock exchange. The sale completed in October 2014. The transaction had a number of challenges – a buyer that sought to retain management commitment and that was new to the distribution of product across the UK and therefore, prudent in its approach. The solution was a sale of 70% of the Company – a solution with which both parties agreed and they are now working to capitalize on the strengths of the respective parties.
John Artis said:
“Frazer Hall were mandated by the private owners of Artis with a specific brief to identify potential buyers who would wish to acquire the company for its overall attributes including those of its staff and not those whose acquisitive interests lay in only a singular area of the company’s strength.The introduction of BHS tabletop AG as a potential buyer bought with it interesting and unfamiliar territory in the differences of financial requirements of a German public company and a UK private Ltd company. Frazer Hall’s ability to guide and advise Artis through the often difficult negotiating process with the difference in native languages was definitely a skill that without its presence the probability of a successful outcome would have been far less. Frazer Hall proved to be stalwart supporters of the Artis owners whilst using a balanced approach that did not lead to a loss of sight of the benefits to both the Vendor and purchaser. I am of the strong opinion that it was the Skills that FH bought to the process that led to the satisfactory outcome that sees both parties working as one team for the future growth of the Artis company under BHS tabletop AG’s ownership. I recommend Frazer Hall very highly.”
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Frazer Hall Limited
Amazon House, 3 Brazil Street, Manchester M1 3PJ
Company number: 07117249
Tel: 0161 819 1020