16/01/2026
We’re delighted to have helped with the c.£85m recommended cash offer for Inspecs Group plc by Bidco 1125 Limited (a newly formed company indirectly owned by Luke Johnson and Ian Livingstone).
Inspecs Group is a global eyewear company with diverse channel distribution across 70k+ retail outlets in over 80 countries. Operating from 14 sales offices with a 270-strong sales team across the Group, the company has manufacturing bases in Vietnam, China, Italy and the UK.
Commenting on the Acquisition, Christopher Hancock, Senior Independent Director and Acting Chair of Inspecs, said:
“Whilst the Group has begun to make progress integrating and streamlining its international operations and has built additional capacity in its Vietnam production facility, we believe that the next phase of the Group's journey is best travelled as a private company. Luke Johnson and Ian Livingstone's entrepreneurial expertise, financial resources and vision for Inspecs present an exciting opportunity for the Group to continue to develop and grow. Following careful consideration, therefore, the Board is recommending this cash offer from the Consortium because it offers a positive outcome for all stakeholders, including customers, employees and shareholders."
Our thanks to our wonderful clients at the company and legal advisors Macfarlanes, alongside Peel Hunt acting as financial adviser, broker and Nomad to the company and Cavendish acting as Financial Adviser to Bidco Group and the Consortium.
If you'd like to find out how we can help ensure the success of your most critical corporate actions, chat with us today: hello@blackandcallow.com
