Collas Crill advises on sale of Liberation Group

Thursday 14 July 2016

Collas Crill's property and commercial departments have advised the Liberation Group on its £118m sale to Caledonia Investments plc.

Formed in 2008, the Liberation Group owns the largest group of pubs and eateries in the Channel Islands with a total of 68 premises; 44 in Jersey, 22 in Guernsey and two in Alderney.

The Liberation Group also owns and operates the Liberation Brewery, Victor Hugo Wines in Jersey and Bucktrout and Company Ltd in Guernsey.

The Collas Crill team was led by property partners Chris Bound and Martin Le Boutillier, based in Guernsey and Jersey respectively, with assistance from the pan-island corporate and commercial teams. The various practice areas worked closely with UK counsel, CMS, to assist them on all the Channel Island aspects of the transaction.

Mr Le Boutillier said: "Having represented the Liberation Group since 2010, we have built up an excellent working relationship with them and it was a great opportunity for us to work on this transaction.

"Our involvement in the company's sale to Caledonia Investments Limited highlights the strength in depth that Collas Crill has to offer in the Channel Islands as well as our ability to work on complex and high profile pan-island transactions alongside leading onshore law firms."