Gray & Osbourn, a UK-based speciality catalogue company marketing upscale women’s apparel was sold in a share deal to UK mail order conglomerate N Brown Group plc. BBR advised the shareholders of the seller including the majority owner, Piper Private Equity.

For BBR, this is the third M&A transaction this year. Previously, US-based ISP Corporation purchased Milker & Grüning GmbH in an asset deal. BBR advised the seller.

At the beginning of the year, German-based Thalia acquired German-based Buchhandlung Dr. Claus Steiner AG in an asset deal. BBR also advised the seller in this transaction.