OTB Eveling were delighted to advise on the acquisition of international magic tricks retailer Marvin’s Magic by a high net worth investment syndicate led by the Naggar family. Corporate partner David Gebbie acted for the investors and acquiring vehicle.
This was a high value acquisition of an internationally recognised company – Marvin’s Magic is celebrating 25 years in 2015 and is the market leading magic tricks product. Irwin Mitchell LLP acted for the vendor with additional finance provided by Santander UK PLC represented by Matthew Arnold & Baldwin LLP.
David commented: “we were extremely pleased to be involved in the acquisition of such a successful and well known company.”