Acquisitions News in the Retail sector: 2006
Tue, 19 Dec 2006
Alexon is to sell Dolcis, the shoe retailer with 67 shops and 132 concessions, to Hamsard 3032 for £2.7m....
Fri, 15 Dec 2006
Floors 2 Go, the Birmingham-based chain of 140 flooring stores, is to undergo a £52m management buy-out backed by Alchemy....
[more: Floors 2 Go]
Thu, 12 Oct 2006
Matalan, the discount clothing retailer, has agreed a £817m takeover offer from its original founder, John Hargreaves. Hargreaves, who founded t...
Thu, 05 Oct 2006
Jessops is to acquire MacKinnons of Dyce, the chain of 20 photography stores in Scotland and Northern Ireland, for £0.8m. 19 of the stores are located in Scotland, and the acquisition doubles Jessops' existing number of stores in the county to a total of 35. Jessops stated that all stores would be converted to the Jessops fascia and Spacemix format within six weeks, and that all 104 employees would be retained. Chris Langley, Jessops CEO, commented: "We are very pleased to have reached agreement to acquire these stores. It is in line with our store opening strategy and adds twenty stores in one move, taking our total to over 300 stores for the first time. More importantly, it considerably strengthens our presence in Scotland and builds on our position in Northern Ireland. We look forward to welcoming our new colleagues and new customers to Jessops over the co...
[more: Mackinnons of Dyce]
Wed, 04 Oct 2006
PD Ports has sold H&L Garages, its Mercedes Benz truck dealership with 300 staff at branches in Killingholme, York, Boston, Grantham, Lincoln and ...
[more: H&L Garages]
Wed, 20 Sep 2006
British Car Auctions, the network of 40 auction sites, is expected to be acquired by buy-out group Montagu for £450m. BCA is owned by a number o...
[more: British Car Auctions]
Tue, 19 Sep 2006
Flying Brands has acquired Greetings Direct, the greetings card direct sales company, for £12m. Greetings Direct is a London-based company with ...
[more: Greetings Direct]
Tue, 19 Sep 2006
Internacionale, the Glasgow-based chain of 147 Au Naturale homewares and Internacionale fashion stores, has undergone a £45m management buy-out ...
Mon, 28 Aug 2006
House of Fraser, the chain of 61 department stores, is to be acquired by a consortium led by Baugur of Iceland for £351m. Other members of the c...
[more: House of Fraser]
Mon, 10 Jul 2006
Interflora, the flower delivery service, has accepted a £66m takeover offer from FTD of the US. The deal was subject to agreement by its 1,800 m...
Tue, 04 Jul 2006
N Brown has acquired Gray & Osbourn, the catalogue retailer with sites in Sheffield and Peterborough, for a cash consideration of £8.2m. The...
[more: Gray & Osbourn]
Fri, 16 Jun 2006
Greene King is to acquire Hardys & Hansons, the Nottingham-based brewer and chain of 260 pubs, for £270m. The company expects that the acqui...
[more: Hardys & Hansons]
Tue, 13 Jun 2006
Findel has acquired Letterbox Mail Order, the Cornwall-based mail order and online retailer of children's gifts and toys, for £7m in cash. ...
[more: Letterbox Mail Order]
Thu, 01 Jun 2006
HMV has reached agreement for the £63m acquisition of the Ottakar's chain of 141 book stores. Ottakar's accepted HMV's offer of 2...