Law firm advises on acquisition of independent Birmingham jewellery business
Wilkes has advised MJ Group Holdings Limited on its acquisition of well-known independent jeweller Newey's Jewellers Limited, based in the Jewellery Quarter in Birmingham.
The transaction strengthens MJ Group Holdings’ footprint in the jewellery sector and supports the continued development of independent retail in the historic commercial district.
Newey's Jewellers will continue trading from its established premises in Vyse Street, preserving the heritage and customer relationships the business has built over many years.
Wilkes, a leading independent law firm with offices in Birmingham city centre, provided comprehensive legal support on the acquisition, with input from its corporate team and specialist advice from the firm’s real estate and employment practices.
Manish Jogia, director at MJ Group Holdings Limited, said: “We’re pleased to complete this acquisition in the Jewellery Quarter, a community we know well and value highly. Newey's has a strong reputation and loyal customer base. Our focus now is on supporting the team and building on the brand’s legacy while continuing to deliver exceptional service.”
Gareth O’Hara, partner at Wilkes, added: “This was a strategically important acquisition for our client and the Jewellery Quarter. We worked closely with Manish to navigate the legal and commercial aspects, ensuring a smooth process. It’s great to support investment in established independent businesses in the region.”
The Wilkes team was led by Gareth O’Hara and Emma Richardson, with specialist support from Darrell Aldridge (real estate) and Joanne Briscoe (employment). The transaction also involved Andy Kay of Crowe UK LLP.
Wilkes continues to advise businesses, investors and owners across corporate transactions, supporting growth and development in key regional markets.
