Mallett sold for £100,000
January 31 2018
Picture: ATG
The 200 year old British antique firm Mallett has been sold for just £100,000. Just three years ago it was bought by the Stanley Gibbons group for £8.6m. It's an astonishing decline for a firm that was once the leading name in British antique furniture, with prestigious premises on London's Bond Street (above), as well as in New York. The new owners are the regional UK auctioneering group, Dreweatts, which in turn was recently bought by the art valuation firm Gurr Johns. They will use the brand for the private selling arm. More here.
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