Alteri Investors Acquires UK Operations of Nobia

Fried Frank advised Alteri Investors, the specialist investor in European retail, on the acquisition of all of Nobia's UK legal entities including the Magnet, Gower, Commodore and CIE brands.

Fried Frank previously advised Alteri on its acquisition of Blue Group Hold Co Limited (Blue Group) from Steinhoff International Holdings N.V. (Steinhoff International) and its acquisition of the Bensons for Beds business through a pre-packaged administration.

Ashley Katz, the lead Fried Frank partner on the deal, commented, "Fried Frank is delighted to have once again been able to support Alteri Investors in concluding this significant and multifaceted transaction."

The transaction highlights Fried Frank's strength in advising clients on their most complex and noteworthy restructuring deals.

The Fried Frank team was led by restructuring partner Ashley Katz.

This communication is for general information only. It is not intended, nor should it be relied upon, as legal advice. In some jurisdictions, this may be considered attorney advertising. Please refer to the firm's data policy page for further information.