Press Release - 30/03/2023
Edwin Coe advises on the pre-packaged sale of award-winning mattress and bedding specialist
Edwin Coe is delighted to announce that it has advised Adam Harris and Patrick Lannagan of Mazars LLP as joint administrators of Dormeo UK Limited, on the pre-packaged sale of the business and assets of Dormeo to mattress and furniture manufacturer United T and C Limited.
Based in High Wycombe, Buckinghamshire, Dormeo UK is the British wholesaler and retailer of the Dormeo® bedding and sleeping solutions brand, which offers top quality Italian-designed, European-made memory foam mattresses direct to domestic customers in 40 countries worldwide.
Adam Harris and Mark Siddall of Mazars said: “We are delighted to have been able to complete the sale of Dormeo as quickly as possible with the assistance of the Edwin Coe team. The sale of Dormeo protects hundreds of jobs, ensures that customers don’t lose out and preserves the brand that Dormeo has built up over the last 20 years.”
“A quick sale has meant that customers, suppliers and staff have not had to go through a period of protracted uncertainty, something that we are always keen to avoid in administrations.”
Edwin Coe’s multi-disciplinary team was led by Corporate Partner Jamal Saleh, alongside Katie Braddell (Trainee) with assistance from Alexandra Bonner (Partner) and Elliot Francis (Associate) on the employment side, and Neil Flynn (Senior Associate) on property matters.
Jamal commented “It was a pleasure to successfully complete this transaction alongside the team at Mazars in just 4 days. It’s the latest in a series of business and asset sales on a pre-pack basis or otherwise out of administration which Edwin Coe has worked on across a range of business sectors, acting for not only administrators but also buyers.”
About Edwin Coe
Edwin Coe LLP is a full service law firm based in the heart of London’s historic legal district in Lincoln’s Inn. Founded in 1913, we have grown from our litigation origins to become a thriving and dynamic practice, providing a comprehensive range of legal services to meet the needs of a wide variety of businesses, individuals and organisations based throughout the UK and internationally.
With 43 Partners, we are ranked 115 in the 2022 edition of The Lawyer ‘UK 200’ law firms and are recommended in all the major legal directories. We provide clients with innovative, tailored and integrated legal services and combine a highly personal and responsive service with industry leading expertise.