Snappy Snaps Franchises Limited has been acquired by Timpson Group plc
Timpson Group plc, the Manchester-based family-owned retailer, has acquired a 100% stake in Snappy Snaps Franchises Limited and all related intellectual property for an undisclosed consideration.
Established in 1983 by Don Kennedy and Tim MacAndrews, Snappy Snaps is the franchisor for a chain of 120 high street shops offering photo and imaging services in central London and throughout the south-east of England. The company generates revenues of over US$2.5 million principally in royalty based franchise fees and it has been consistently profitable.
Timpson has a national chain of 750 shoe repair shops and 200 Max Spielmann photo shops based mainly in the north of England.
Oaklins Cavendish, based in the UK, advised the seller in this transaction.
Talk to the deal team
Related deals
Salmo Group has acquired SAENGER Top Tackle and Westline Angelgeräte
Salmo Group SIA, a Riga-based family-owned fishing products vendor, has acquired SAENGER Top Tackle GmbH and Westline Angelgeräte GmbH, German wholesale distributors of fishing tackle across Western Europe.
Learn moreNuzoa has acquired Agrofauna
Nuzoa, a provider of value-added services for pets and livestock in the Iberian Peninsula, has acquired 100% of Agrofauna. This transaction reinforces Nuzoa’s presence in the Portuguese market, particularly in the northern region, marking another step toward its ambition to become the leading operator while further consolidating its brand across Iberia.
Learn moreArmira has signed an agreement to acquire a majority stake in Viabus
Armira, a Germany-based investment firm, has signed an agreement to acquire a majority stake in Viabus, a leading Dutch tour operator focused on senior and young senior travelers.
Learn more