The landmark was previously jointly owned by former Everton majority shareholder Farhad Moshiri and Corestate

19:35, 21 Jul 2025Updated 19:35, 21 Jul 2025

The Royal Liver BuildingThe Royal Liver Building(Image: Liverpool Echo)

Liverpool’s historic Royal Liver Building has been purchased by Princes. The food and drink manufacturer purchased the city’s iconic landmark as part of an investment deal worth £60m.

Previously, the iconic building was jointly owned by former Everton majority shareholder Farhad Moshiri after being acquired by international property group Corestate in 2017 for £48m. Weeks after the 2017 deal went through, the Liverpool ECHO revealed Mr Moshiri was Corestate’s partner in the deal.

The grade I-listed building is currently the corporate headquarters of Everton FC in addition to other leading companies including HSBC, ITV, Grant Thornton and Princes themselves.

The company, which was founded in Liverpool 145 years ago, plans to expand its presence within the 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 all operations and tenant arrangements at the Liver Building – where it has been a tenant since 1982 and has over 400 employees based – will remain unchanged with colleagues and partners assured of no immediate modifications to the site.

In a statement the company said ‘This significant milestone ‘underscores Princes’ commitment to its Liverpool roots, ensuring a bold and confident step in its long-term growth plan.’

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.

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.”

Joe Dent, chief people officer at Princes, added: “With the purchase of the Royal Liver Building, we are investing in the future of our teams in a place that they take great pride in.

“Being headquartered in such an iconic location will continue to inspire our colleagues and cement our deep and meaningful connection to Liverpool.”

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