Pinsent Masons has provided legal counsel to Poundland Limited’s board during a major restructuring plan, which was approved by the High Court on August 26, 2025. The plan, implemented under Part 26A of the Companies Act 2006, will bring new investment from Gordon Brothers, who are now the owners of Poundland.
The law firm’s involvement included advising on the acquisition process, business restructuring, and related shareholder financing. The Pinsent Masons team was led by restructuring partner Nick Gavin-Brown.
Nick Gavin-Brown stated: “In advising Poundland, we supported the board through the complexities of the restructuring in parallel with the acquisition by Gordon Brothers. The successful restructuring sets up the business to compete on the high street.”
This latest transaction is part of Pinsent Masons’ expanding work in retail restructurings. The firm has previously advised on cases involving WH Smith and Hobbycraft.