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

abstract shot of a buildingabstract shot of a building

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

04. júna 2026

Spojené kráľovstvoGlobálne
Spojené kráľovstvoGlobálne
Spojené kráľovstvoGlobálne

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.

Spoločnosť Eversheds Sutherland vynakladá všetku primeranú starostlivosť, aby zabezpečila, že materiály, informácie a dokumenty vrátane, ale nielen, článkov, bulletinov, správ a blogov (ďalej len "materiály") na webovej stránke Eversheds Sutherland sú presné a úplné. Materiály sa však poskytujú len na všeobecné informačné účely, nie na účely poskytovania právneho poradenstva a nemusia nevyhnutne odrážať súčasné právne predpisy alebo nariadenia. Materiály by sa nemali chápať ako právne poradenstvo v akejkoľvek veci.

Služby

Odvetvia

Kľúčové kontakty

stephennash@eversheds-sutherland.com

Stephen Nash

Partner

Londýn, Spojené kráľovstvo

nickswiss@eversheds-sutherland.com

Nick Swiss

Partner

Londýn, Spojené kráľovstvo

stevenhacking@eversheds-sutherland.com

Steven Hacking

Partner

Londýn, Spojené kráľovstvo

Latest Insights

  • legal updates
  • guides and reports
  • guides and reports
  • guides and reports

Latest News

Latest Podujatia

Building Image

legal updates

08. októbra 2026

ma-report-2026-part5

guides and reports

07. októbra 2026

ma-2026-report-intro

guides and reports

07. októbra 2026

ma-report-2026-part1

guides and reports

07. októbra 2026

© Eversheds Sutherland 2026. All rights reserved. Eversheds Sutherland is a provider of legal and other services operating through various separate and distinct legal entities. For further information about these entities and Eversheds Sutherlands' structure please see the Legal Notice page of this website.

Eversheds Sutherland is the name and brand under which the members of Eversheds Sutherland Limited (Eversheds Sutherland (International) LLP and Eversheds Sutherland (US) LLP) and their respective controlled, managed and affiliated firms and the members of Eversheds Sutherland (Europe) Limited (each an "Eversheds Sutherland Entity" and together the "Eversheds Sutherland Entities") provide legal or other services to clients around the world. Eversheds Sutherland Entities are constituted and regulated in accordance with relevant local regulatory and legal requirements and operate in accordance with their locally registered names. The use of the name Eversheds Sutherland, is for description purposes only and does not imply that the Eversheds Sutherland Entities are in a partnership or are part of a global LLP. The responsibility for the provision of services to the client is defined in the terms of engagement between the instructed firm and the client. For further information about these Eversheds Sutherland Entities and Eversheds Sutherlands’ structure please see the Legal Notices page of this website.