Advising Howden Joinery Group plc on £390m DIY Kitchens acquisition

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Advising Howden Joinery Group plc on £390m DIY Kitchens acquisition

04. kesäkuuta 2026

Iso-BritanniaGlobaali
Iso-BritanniaGlobaali
Iso-BritanniaGlobaali

Eversheds Sutherland has advised Howdens on its £390m agreement to acquire DIY Kitchens, a move that will expand the FTSE 100 group’s reach into the UK’s non-trade consumer market and creates a broader platform for growth.

The transaction will give Howdens direct access to the UK’s non-trade consumer market through a highly profitable, vertically integrated online kitchen business, while complementing its longstanding trade-only model.

The consideration will comprise of £292.5m of cash, which will be funded by Howdens' existing cash resources and a new £240m bank facility, and £97.5m in Howdens’ shares.

The Eversheds Sutherland team was led by Corporate Partner and Head of Public Company Advisory Stephen Nash, supported by Partner Steven Hacking, Principal Associates Annika Unsworth and Paul Jackson, and Senior Associate Asim Hussein.

The finance aspects of the transaction were led by Partner and International Head of Finance Nick Swiss, supported by Principal Associate Charlotte Choules and Associate Tara Farrelly.

Completion of the deal remains subject to customary regulatory approvals.

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Palvelut

Toimialat

Yhteyshenkilöt

stephennash@eversheds-sutherland.com

Stephen Nash

Partner

United Kingdom

nickswiss@eversheds-sutherland.com

Nick Swiss

Partner

United Kingdom

stevenhacking@eversheds-sutherland.com

Steven Hacking

Partner

United Kingdom

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