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Michelmores has advised Carousel Worldwide, a leading global publisher of calendars and stationery products, on its acquisition of Avonside Publishing, one of the UK’s most established calendar publishers.
The transaction brings together two highly respected names in calendar publishing and supports Carousel Worldwide’s continued international growth strategy. Avonside Publishing’s existing catalogue, including its popular animal and travel calendars, will continue to be produced and distributed under the Avonside brand.
Carousel Worldwide will operate the combined business from its headquarters in Exeter, while the Avonside team will continue to be based in Melksham. Both parties are committed to ensuring a smooth transition for employees, suppliers and customers.
The Michelmores team was led by Managing Associate in the Firm’s Corporate team, Chris Cook, alongside Richard Cobb and Dan O’Sullivan, who provided legal advice to Carousel Worldwide throughout the transaction.
Carousel Worldwide also received tax advice from James Fisher and Ben Herbert of Bishop Fleming.
Chris Cook comments:
“We were delighted to support Carousel Worldwide on this strategic acquisition, which brings together two well-established businesses with a shared commitment to quality and creativity. The transaction reflects the strength of Carousel’s growth ambitions and its confidence in the long-term opportunities within the publishing and gifting sector.”
David Pike, director at Carousel Worldwide adds:
“We are excited to welcome the Avonside team on board and to bring their expertise and titles into Carousel Worldwide’s range. Together we will be even stronger and this enhances our strategy for continued international growth. Chris and the team worked collaboratively with us throughout the transaction to understand our strategic objectives and delivered solutions that kept the deal moving efficiently while protecting our interests. Their approach and responsiveness made them a pleasure to work with on this acquisition.”
Michelmores’ award‑winning Corporate team of 35 specialist lawyers advises clients across the UK, US and beyond on mergers and acquisitions, capital markets, management buyouts, share options, impact investing, energy projects and more. For more information, please visit our website.