Christie's reaches agreement to acquire Gooding & Company
The First Art Newspaper on the Net    Established in 1996 Wednesday, September 18, 2024


Christie's reaches agreement to acquire Gooding & Company
1995 McLaren F1 sold for $20,465,000 at Pebble Beach in 2021. © Christie's Images Ltd 2024.



NEW YORK, NY.- Christie’s announced that it has entered into an agreement to acquire Gooding & Company, the leading international auction house in the collector car market.

Founded in 2003 by the husband and wife team of David Gooding and Dawn Ahrens, Gooding & Company has earned global recognition as a leader in the classic car auction industry. The company is known for its commitment to presenting high-quality consignments with exceptional integrity and transparency. Gooding & Company takes pride in offering vehicles from some of the most prestigious collections, as well as treasured family heirlooms and exciting new discoveries.

This acquisition marks a significant milestone for Christie’s, establishing its position in the rapidly expanding classic and collector car market and further solidifying its leadership in the broader luxury sector. Christie’s and Gooding & Company are an ideal match, sharing values of specialist expertise, integrity and exceptional client service in the sale of exquisite objects. This combination will provide Gooding & Company with an enhanced global platform to support its future growth and brand development. Gooding & Company remains committed to providing uninterrupted customer service of the highest level to its devoted clients, continuing with its existing calendar of prestige events, auctions and more.

At the close of the transaction Gooding & Company will become known as Gooding Christie’s.

Guillaume Cerutti, Christie’s Chief Executive Officer says: Christie’s has long admired Gooding & Company and their way of doing business. The legacy that David Gooding and his team have built over the past two decades is well admired by collectors internationally and we could not be more honored to welcome them into the Christie’s family. We are confident that the combination of resources will provide many opportunities for significant global growth.

David Gooding, Co-Founder and President of Gooding & Company comments: When we founded Gooding & Company twenty-one years ago, we built it on the pillars of integrity, quality, and passion within the collector car market. I am proud of our tremendous growth within this industry, and I am confident that our acquisition by Christie's is the next step in our continued development as a global market leader in this space. I look forward to working with Guillaume and the Christie’s team to achieve the next evolution of the Gooding & Company brand.

François-Henri Pinault, Chairman of Groupe Artémis says: I am very pleased by the acquisition of Gooding & Company by Christie’s. The ambition and values of David Gooding, and his team, align perfectly with those of Christie’s. They also correspond with those of the other businesses in which the Pinault family has long been invested, in the fields of art and culture, luxury, and lifestyle. We are excited to support the development of Gooding & Company and explore new collaborations.

The transaction is expected to close prior to the end of 2024. Rothschild & Co served as financial advisor to Christie’s, and Alston & Bird LLP served as legal counsel. Allen & Company LLC served as financial advisor to Gooding & Company, and Simpson Thacher & Bartlett LLP served as legal counsel.










Today's News

September 13, 2024

Exploring the subtle absurdity of office life: Yin Tian's '8 Hours' fine art photography series

Noguchi Museum fires 3 employees for wearing kaffiyehs

Gladstone opens Joan Jonas' first solo exhibition in South Korea

Albertina Modern celebrates Erwin Wurm's 70th anniversary with retrospective

Hauser & Wirth Downtown Los Angeles opens exhibition of works by Firelei Báez

Christie's to offer celebrated sculpture Ballooon Monkey (Blue) by Jeff Koons

'Are we growing food, or are we making an artwork?'

Lloyd Kaufman, who saw answers behind the 'moon illusion,' dies at 97

Unique film programme accompanies Underground at Eye Filmmuseum

Christie's announces "Exceptional Impressions: The Alan and Marianne Schwartz Collection"

Hermès Faubourg Birkin, one of the most sought-after handbags on the market, heads to Heritage

Rich Paul teams up with Sotheby's to curate contemporary art auction

Two exhibitions of photography look at humans' impact on nature

Fort Gansevoort opens a solo online exhibition of works by David Ramey

Christie's reaches agreement to acquire Gooding & Company

Kit Connor and Rachel Zegler are star crossed in Central Park

Frankie Beverly, soul singer and Maze frontman, is dead at 77

Classical music and opera this fall: Programs, premieres and more

Victoria Ahmadizadeh Melendez named inaugural winner of the Speed's Adele and Leonard Leight Glass Art Award

A new changing exhibition with colossal trolls connects humans to nature

'Lineages: Artists Are Never Alone' opens at Southern Vermont Arts Center October 5

Charles Biasiny-Rivera, champion of Latino photography, dies at 93




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez
Writer: Ofelia Zurbia Betancourt

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful