Kate Middleton’s parents are selling the bankrupt company Party Pieces Holdings with which they gave their three children the best education before they met their son-in-law, the future King of England

The family business that the Middletons built and held in their hands for more than three decades is no longer theirs. Carol, the mother of Princess of Wales Kate Middleton and two other children, has quit her job and put it up for sale Party Pieces Holdings in order to spend more time with their grandchildren Princes George, Charlotte and Louis and Pippa’s three children.

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The company for the organization of children’s parties, founded by Carol and Michael, passed into the hands of businessman James Sinclair, who also owns the Teddy Tastic Bear company and the Rossi Ice Cream factory in Essex, the British television channel announced. skynews and that today they quote media such as El Mundo de España.

Although the Spanish media refer to the fact that Party Pieces Holdings filed for bankruptcy, there is another reason that prompted the Middletons to get rid of the company that they started just for Kate’s birthday.

The sale attracted media attention on May 18, just 12 days after the coronation of King Charles III and a few weeks after Kate Middleton’s mother announced she wanted to spend more time with her grandchildren, according to Mail Online.

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In October 2022, Carol launched her party supplies business, but in the United States.

However, the British newspaper stated in its publication that sources close to Carol (68) and Michael (73) confirmed the couple’s new plans.

This includes leaving the company to have more time “for family, gardening and travel”.

“Carol put her heart and soul into Party Pieces and loves the job, but she’s 68 and works full time every day. It’s too much of a commitment, he wants more time for family, gardening and travel,” a family friend said in a statement that included Online mail.

Carol and Michael started the business when they already had Pippa and Kate Middleton and were expecting their third child, James. It was exactly on the fifth birthday of what is now Princess of Wales, when Carol realized that there were not many options for decoration and from there came the idea to make something better.

In the beginning, they prepared party bags for their close people and friends from the girls’ school, but later they expanded the business that moved from the shed to their own facilities.

So the Middletons turned to the family business with which they raised their three children and paid for their studies at the expensive Marlborough College. And they gave their grain of sand when it was their turn, writes the British press.

Now Party Pieces Holdings is passing into the hands of James Sinclair who is a former children’s party entertainer who runs a multi-million dollar business in the UK and is also a conference speaker on how to make money, so the company will certainly gain ground. (AND)