Macfarlanes has advised the shareholders of leading online mail order retailer M and M Direct on its sale to BESTSELLER for up to £140m.

M and M Direct has dedicated local market websites covering the UK, German, French, Dutch and Polish markets as well as serving more than 20 countries additionally worldwide. M and M Direct was previously owned by private equity firm TA Associates since 2007.

The Macfarlanes team was led by corporate M&A partners Ian Martin and Simon Perry.