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Princes acquires Liverpool's Royal Liver Building

Princes has purchased the iconic Royal Liver Building for £60 million, marking a major investment in Liverpool.

July 22, 2025 at 04:32 PM
blur This supermarket staple brand now own Liverpool's most famous landmark

Princes has acquired the Royal Liver Building, marking a new chapter for the company rooted in Liverpool.

Princes purchases Liverpool's iconic Royal Liver Building

This week, Princes, a well-known food and drink brand, purchased the historic Royal Liver Building in Liverpool for £60 million. This significant transaction marks only the second time in over a century that the Liverpool landmark has changed ownership. Previously owned by a consortium including former Everton FC majority shareholder Farhad Moshiri, the building has served as a corporate headquarters for Princes since 1982. The company's CEO, Simon Harrison, highlighted that Lincoln is central to their heritage and future, emphasizing their commitment to the city and its people.

Key Takeaways

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Princes paid £60 million for the Royal Liver Building in Liverpool.
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This is only the second change of ownership in the building's 114-year history.
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Princes is committed to maintaining its headquarters in Liverpool.
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The acquisition aims to support collaboration and public engagement.
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Simon Harrison emphasized Liverpool's central role in the company's future.
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Over 400 employees of Princes work in the Royal Liver Building.

"Liverpool is an integral part of our heritage and future."

Simon Harrison, CEO of Princes, emphasizes the company's connection to the city.

"This significant milestone underscores Princes' commitment to its Liverpool roots."

Princes states the importance of their purchase for the local community.

"Being headquartered in such an iconic location will continue to inspire our colleagues."

Joe Dent, chief people officer at Princes, discusses how the location will impact employees' morale.

"The Royal Liver Building is an enduring symbol of Liverpool, and it’s an honour for Princes to call it our home."

Harrison reflects on the significance of the landmark for both the company and the city.

This acquisition by Princes not only illustrates the growth of a local brand into a global player but also demonstrates a deepening bond between the company and its origins. In a time when many businesses relocate for potential financial benefits, this commitment to maintain a significant presence within Liverpool signifies both loyalty and strategic foresight. Furthermore, the addition of the Royal Liver Building to Princes' portfolio suggests a strong investment in community engagement, promising to reshape how the local economy may prosper in the future.

Highlights

  • Princes' purchase of the Royal Liver Building highlights a commitment to Liverpool's identity.
  • This landmark deal signals a new era for a historic brand.
  • Princes shows loyalty to its roots while pursuing ambitious growth.
  • The Royal Liver Building will inspire and connect the team to their heritage.

Potential implications of corporate ownership

Princes' acquisition of a historic landmark raises concerns about corporate influence on local heritage and economic dynamics.

The future for Princes and Liverpool both look promising with this milestone development.

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