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Mbo/mbi News in the Retail sector

Akzo Nobel are to complete the sale of Lancashire-based Crown Paints in a management buyout worth £ [more]
Virgin Megastores has been sold by Sir Richard Branson for an undisclosed sum to a management buy-out team. The team was led by managing director Simon Douglas and finance director Steve Peckham, which made the acquisition through buy-out vehicle Zavvi Entertainment Group. Some 125 UK stores will now be rebranded as Zavvi. [more]
Mountain Warehouse, the UK-based retailer of discount outdoor clothing and equipment, has been sold for £15m in a management buyout backed by Icelandic investment vehicle [more]
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