Knights’ Corporate team has advised Silverwood Brands plc on its acquisition of NBY London limited for up to £10 million.
NBY London Limited trades internationally as Nailberry – a premium nail product brand using a healthy and breathable formula known as L'Oxygéné.
Nailberry has built a reputation for using toxic-free, cruelty-free, vegan and halal formulas to care for its customers’ nails.
The brand was founded in 2013 by Sonia Hully, who will continue to lead Nailberry as its executive director.
Led by Ben Davis, Knights’ Corporate team advised Silverwood Brands plc on the acquisition, which is the latest addition to its diverse portfolio of brands and businesses across the food, organic food, wellness, lifestyle and leisure sectors.
Andrew Gerrie, Executive Director of Silverwood Brands said:
“Acquiring Nailberry gives us an opportunity to work with an amazing founder and businesswoman in Sonia Hully.
“We are delighted that Sonia will be staying as a director of Nailberry to continue to drive growth in the business. We are looking forward to working with Sonia and the team at Nailberry to build the brand. We are very optimistic about the future for this business.
“We are pleased to complete the acquisition and thank Ben and the Knights team for all their focus and support on this project.”
Ben Davis, who led Knights’ Corporate team supporting Silverwood Brands on the acquisition, said:
“It’s been a pleasure working with Andrew and the team, including accounting support from Donald Reid Group, at Silverwood Brands on this acquisition.
“The addition of Nailberry to Silverwood’s portfolio sees the combination of two strong businesses with a very exciting future and a fantastic platform for growth. I wish Andrew, Sonia and the wider Silverwood team every success for the future.”
Ben led a team of Knights colleagues including corporate support from Alex Morris, Aleesha Amjad supporting on employment, and commercial support from Lisa Sweetman and Amy Oakley.