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Browne Jacobson advises Macintosh on strategic acquisition

1 February 2011

Browne Jacobson has advised Macintosh Retail Group NV on the acquisition of UK shoe retailer, Jones Bootmaker.

The acquisition of Jones Bootmaker, with its 93 stores, 1600 employees and a turnover exceeding £95 million, complements Macintoshs current fashion portfolio which also includes Brantano UK.

The deal will also make Macintosh Retail Group the third largest shoe specialist in the UK.

Maastricht-based Macintosh Retail Group operates some 1,250 stores across the Netherlands, Belgium, France and UK ranging from furniture to fashion and automotive to telecom.

The Browne Jacobson team that advised Macintosh Retail Group NV was lead by Corporate Partner Richard Cox, assisted by Andrew Noble (Tax), Christina Swales (Corporate), Nigel Blackwell (Corporate), Julie Newton (Property), Tom Baines (Property), Victoria Leybourn (Employment), Paula Dumbill (IP) and Sara McNeill (IP).

Corporate Partner Richard Cox commented:

"This is a great strategic acquisition for Macintosh Retail Group and strengthens its foothold in the UK footwear sector. Jones Bootmaker will retain its brand name with a major expansion strategy already in place with plans to open a further 15 new stores over the next three years."

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