Firm news
Withers tech advises Vinterior on media-for-equity deal with Channel 4 Ventures
2 July 2024 | 2 minute read
International law firm Withers has advised Vinterior, a leading European sustainable vintage furniture marketplace, on a £3 million partnership with Channel 4 Ventures.
This investment supports Channel 4's strategy to diversify revenue streams and strengthen its portfolio of home and furniture business investments. It also enables Vinterior to leverage Channel 4's home improvement shows to boost their audience reach beyond their current London focus.
Susanna Stanfield, Withers tech partner and Head of the Cambridge office, comments: 'This partnership is an exciting opportunity for Vinterior to expand their presence beyond London. This collaboration with Channel 4 Ventures highlights the growing trend towards sustainability in consumer goods. We are eager to see the positive impact this partnership will bring'.
Vinterior is a circular marketplace on a mission to change the future of the furniture industry by making it more sustainable. It has grown to become the largest supplier of premium pre-loved furniture and homeware in Europe.
Susanna adds: 'Working with Vinterior on this project has been a pleasure, and we are excited to have facilitated this significant partnership with Channel 4 Ventures. We congratulate Vinterior on their success and look forward to supporting their continued growth'.
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