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The Royal Liver Building(Image: Liverpool Echo)<\/p>\nThe landmark was previously jointly owned by former Everton majority shareholder Farhad Moshiri and Corestate<\/p>\n
19:35, 21 Jul 2025Updated 19:35, 21 Jul 2025<\/p>\n
The Royal Liver Building(Image: Liverpool Echo)<\/p>\n
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 \u00a360m.<\/p>\n
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 \u00a348m<\/a>. Weeks after the 2017 deal went through, the Liverpool ECHO revealed<\/a> Mr Moshiri was Corestate’s partner in the deal.<\/p>\n The grade I-listed building is currently the corporate headquarters of Everton FC in addition to other leading companies including HSBC, ITV<\/a>, Grant Thornton and Princes themselves.<\/p>\n The company, which was founded in Liverpool 145 years ago<\/a>, 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.<\/p>\n 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.<\/p>\n 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.’<\/p>\n Princes traces its roots back to 1880 in Liverpool when \u2018Simpson & Roberts & Co\u2019 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.<\/p>\n 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.<\/p>\n “The Royal Liver Building is an enduring symbol of Liverpool, and it\u2019s an honour for Princes to call it our home.”<\/p>\n 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.<\/p>\n “Being headquartered in such an iconic location will continue to inspire our colleagues and cement our deep and meaningful connection to Liverpool.”<\/p>\n For the latest news and breaking news visit liverpoolecho.co.uk\/news<\/a> Get all the big headlines, pictures, analysis, opinion and video on the stories that matter to you by signing up to our daily and breaking newsletter<\/a>. Sign up to our breaking news newsletter here<\/a>.<\/p>\n Follow us on Twitter<\/a> @LivECHONews<\/a> – the official Liverpool ECHO Twitter account – real news in real time.<\/p>\n