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Digital Subscriptions > Antiques Trade Gazette > 2344 > News In Brief

News In Brief

Bonhams reported to be up for sale

Auction house Bonhams is reported to be in talks with investment bank and advisory firm NM Rothschild on the potential sale of the 225-year-old firm.

Bonhams is controlled by chairman Robert Brooks. He acquired the firm in 2000. Discussions about a potential sale took place four years ago but a deal did not materialise.

According to The Sunday Times, Poly Culture, China’s largest auctioneering group, had expressed an interest in the firm. The newspaper reported that several private equity firms, including Bain Capital, CVC Capital and Bridgepoint, had also previously looked at the company.

Bonhams declined to comment on whether Rothschild had been appointed. Rothschild made no comment.

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About Antiques Trade Gazette

Published every week since 1971, Antiques Trade Gazette is affectionately known as ‘the Bible of the antiques trade’. A long tradition of authority, integrity and accuracy, makes it the essential read for everyone who loves antiques. With a subscription to Antiques Trade Gazette, you’ll stay ahead of all the developments in the art and antiques market, plus you’ll enjoy • A comprehensive auction calendar – see when and where every sale will be happening • Exclusive interviews with dealers, giving you the inside track on the trade • Breaking news on key industry developments • Secrets, stories and tips from leading specialists and collectors • Top lots advertised by auctioneers • Previews of the best art and antiques fairs and markets • Special supplements focusing on specific collecting areas

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