Gurr Johns Ltd. acquired Dreweatts 1759 Limited from The Stanley Gibbons Group plc (AIM:SGI) for £1.7 million on October 1, 2017. Out of total consideration, £1.3 million was paid in cash on completion, plus a maximum additional consideration of £0.4 million is payable over the next 24 months (alongside the assumption of certain other liabilities currently associated with the Interiors division). The transaction does not include the Mallett and Made by Meta brands and Bloomsbury Auctions brand. The proceeds from the sale will be used to provide additional working capital for The Stanley Gibbons Group. Stuart Andrews, Christopher Raggett and Anthony Adams of FinnCap Ltd. acted as financial advisors and brokers whereas Charles Goodwin of Yellow Jersey PR acted as public relation advisor for The Stanley Gibbons Group. Gurr Johns Ltd. completed the acquisition of Dreweatts 1759 Limited from The Stanley Gibbons Group plc (AIM:SGI) on October 1, 2017.