Oldest stamp dealer Stanley Gibbons up for sale

Tue, 13 Jun 2017 | BUSINESS SALE

London-based rare stamp and collectables seller Stanley Gibbons is inviting interest from buyers.

The company, which is best known for its rare stamps but also sells coins and antiques, has set its sight on expansion, but will need further investment to carry out its plans.

On the subject of entering new countries Stanley Gibbons commented: “Unlocking this incremental long-term value is likely to require further investment and the directors believe that it is likely therefore that such value is best delivered either within a larger group or alongside a strategic investment."

Options for the 160-year-old business include the sale of all or part of the business. It has recently gone through a rigorous restructuring, cutting costs by more than £10m.

Private equity firm Disruptive Capital had made an “unsolicited approach” to buy the company, Stanley Gibbons announced last Friday. Disruptive followed up on Monday morning with a statement to say it was “not making an offer”. An email from Disruptive was mistakenly interpreted as a takeover approach, hence the confusion.

The stamp seller has brought in broker finnCap to run a thorough strategic review of the business to review the options.

Established in 1856 by Edward Stanley Gibbons the business is the world’s longest running rare stamp trader. Its first shop was opened on The Strand in 1891, where it still trades, it also has sites in Hong Kong and Singapore.

Subscribe to Business Sale Report here


Share this article



Latest Businesses for Sale

CPQ Software as a Service Provider
East of England, UK

The company is a provider of Configure, Price, Quote (CPQ) Software as a Service (SaaS) and Data to drive eCommerce. ▸ Long-term framework agreements with key clients. High level of recurring income from contracts. Offers invited.

Asking Price: Offers Invited
Turnover: £3,350,000

LEASEHOLD


Energy Management Providing Meter Readings & Efficiency Analysis
North West, UK

Specialist engineers providing a range of energy management services including the supply & maintenance of electricity billing meters, energy reports & cost budgeting. Contracted to provide metering services on behalf of a major electricity distribut...

Asking Price: Offers Invited
Turnover: £720,000

Plumbing & Heating Engineers
Yorkshire and the Humber, UK

Plumbing & heating engineers offering specialist domestic & commercial services including repairs, breakdown assistance & installation of domestic kitchens, bathrooms & bedrooms, operating from two showrooms. Operates two strategically located showro...

Asking Price: Offers Invited
Turnover: £1,334,000


View more businesses for sale

News Search

Latest News

 
03
 
Apr
 

Chancellor bolsters CBILS for small firms and unveils new scheme for large companies | BUSINESS NEWS

Chancellor Rishi Sunak will today take new measures to suppo...

 
03
 
Apr
 

Benito’s Hat to continue trading despite entering administration | ADMINISTRATION

Fast-casual Mexican food chain Benito’s Hat has entere...

 
02
 
Apr
 

Next puts headquarters and three warehouses up for sale | COMMERCIAL PROPERTY

Fashion retailer Next has put its head office and three ware...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources