GBH Law Assists with the sale of Tonic Studios Ltd to Nicole Craft Brands
GBH Law played a key role in the acquisition of Tonic Studios Ltd by Nicole Craft Brands.
Denise Herrington acted for Gareth Davies and Simon Bathard in connection with the sale of Tonic Studios Ltd to Nicole Craft Brands, a company with a 50-year history in the creative arts industry in the United States.
Tonic Studios Ltd, established in the UK in 2001, has become a trusted name in the crafting industry, offering innovative and high-quality products to customers worldwide. With a focus on quality and design, Tonic Studios has become a go-to brand for crafters of all levels.
Gareth Davies, Managing Director of Tonic Studios Ltd: “We are excited about this new chapter for Tonic Studios Ltd. We believe that joining forces with Nicole Craft Brands will allow us to take our products to the next level and achieve the vision we have always had for the brand. We look forward to working with the Nicole Craft Brands team and serving our customers with an even greater range of innovation and quality.”
Tonic Studios Ltd will continue to operate under its current brand names and in its current locations. The headquarters for design and development will continue at Bridgend in South Wales led by the current management team who will all remain in the business. All staff will continue with their fantastic work of making products that crafters enjoy.
GBH Law is proud to have played a role in this acquisition, which will undoubtedly lead to exciting new developments in the crafting industry.
Find out more about the GBH Law corporate team here, or to discuss any corporate or other business legal advice you may require, please contact Denise Herington.