Princes Group acquires Royal Liver Building in £60m deal

Liverpool’s Royal Liver Building has been acquired by Princes Group – one of the UK’s largest food manufacturing businesses – in a deal worth £60 million.

Princes says the move underscores the firm’s “commitment to its Liverpool roots, ensuring a bold and confident step in its long-term growth plan”.

Princes traces its roots back to 1880 in Liverpool when ‘Simpson & Roberts & Co’ was established as an importer of canned food into the then thriving docks. In 1900, the business adopted the name Princes and the brand has been a mainstay of British kitchens ever since.

The group plans to expand its presence within the Royal Liver Building, using it not only as a corporate headquarters but also as a multi-purpose venue for events, collaboration and public engagement.

Princes has confirmed that all operations and tenant arrangements at the waterfront landmark will remain unchanged, with colleagues and partners assured of no immediate modifications to the site.

Simon Harrison, CEO of Princes, says: “Liverpool is an integral part of our heritage and future. Securing the Royal Liver Building reflects our commitment to this great city, our people, and sustainable success. The Royal Liver Building is an enduring symbol of Liverpool, and it’s an honour for Princes to call it our home.”

Joe Dent, chief people officer at Princes, adds: “With the purchase of the Royal Liver Building, we are investing in the future of our teams in a place that they take great pride in. Being headquartered in such an iconic location will continue to inspire our colleagues and cement our deep and meaningful connection to Liverpool.”

About Author: YM Liverpool