Princes, one of the UK’s most well-known food and drink groups has announced the purchase of The Royal Liver Building (RLB) in Liverpool as part of a £60 million investment.
This investment forms a key part of a broader £83 million real estate plan that also includes the Cross Green facility in Leeds (£23m), underlining the Group’s long-term commitment to the UK.
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 iconic 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 Royal Liver Building will remain unchanged with colleagues and partners assured of no immediate modifications to the site.
The Grade-I listed Royal Liver Building stands as one of Liverpool’s most recognisable landmarks, symbolising the city’s maritime and cultural significance for over a century.
Simon Harrison, CEO of Princes, said: “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.”
As one of the UK’s largest food manufacturing businesses, Princes operate 10 sites across the UK employing almost 3,000 people. The business recently announced a campaign to champion UK food manufacturing. Many of its products will soon receive a UKM stamp of approval, signifying products made in UK factories and the contribution made to local manufacturing and the UK economy. The company said these purchases of both sites is a further commitment to the UK and its unwavering ambition for a more prosperous future for the nation and the communities the business serves.
