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Stamp Collector Gibbons Acquires Mallett for $13.9 M.

Stanley Gibbons

Stanley Gibbons. 

On Monday, stamp specialist Stanley Gibbons acquired art and antiques dealer Mallett in an £8.6 million ($13.9 million) deal. Public shares of Mallett, established in 1865, rose around 22 percent following the acquisition, which Stanley Gibbons describes as an effort to expand the company’s wheelhouse.

In a statement, Stanley Gibbons chairman Martin Bralsford said: “Stanley Gibbons is committed to delivering its established strategy to become a leading online collectibles marketplace and a global auction house for fine and decorative arts, collectibles and other valuables.”

The offer in full is below.

 

Gibbons Mallett Offer by whatever1212

 

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