Tue, 28 Feb 2017 | BUSINESS SALE
Jones Bootmaker, one of the oldest names on the British high street, has been put up for sale by its private equity owner Alteri Investors, reports say.
It is thought that Alteri has appointed KPMG to explore options for the future of the business, including a possible sale or administration.
Jones Bootmaker was established in 1857 when Alfred and Emma Jones opened their footwear shop in Bayswater, London. Today the firm, headquartered in Leicestershire, has more than 120 stores across the UK.
Alteri acquired Jones Bootmaker from Macintosh Retail Group in October 2015 in a £12 million deal that also included rival shoe retailer Brantano. That firm was put through a pre-pack administration last year.
Despite attempts by Alteri to modernise Jones Bootmaker, including launching an improved website, new head office, offering click-and-collect and investing in new product ranges, the company has decided to find a new investor for the business.
A number of UK retailers are facing significant pressure as they tackle business rates, rising wage bills and higher import costs driven by a weaker post-Brexit pound.
Find retail businesses for sale.
The company is a supplier of automation and industrial manufacturing components, catering to a long-standing customer base that spans a diverse range of sectors. Products include electrical motors, gearboxes and motor control drives; electrical equip...
LEASEHOLD
The company provides a comprehensive range of building services consultancy providing mechanical and electrical design solutions, including sustainability and energy performance solutions. The company offers in-depth and flexible services to accommod...
Current order book of circa £775k. Stocks and supplies a variety of precision engineering components, including standard machinery and equipment elements, die sets, press tool components, mould tools, die and gas springs, punches, presses and custom...
23
|
Apr
|
Furniture retail group acquires stock and IP of e-commerce firm | BUSINESS SALE
Flair Furniture, a retail group based in West Yorkshire, has...
23
|
Apr
|
UK administrations update: April 17 – 23 | ADMINISTRATION
Since our last update, the following businesses have been co...
23
|
Apr
|
TC Group merges with Rochester accountancy | MERGER
TC Group has continued to expand through strategic M&A after...
10
|
Mar
|
£32m turnover Angus Steakhouse appeals to landlords with administration looming | ADMINISTRATION
London’s popular Angus Steakhouse chain has appealed t...
21
|
Jan
|
ProCook considering sale as it undertakes strategic review | BUSINESS NEWS
Kitchenware retailer ProCook is to undertake a strategic rev...
09
|
Dec
|
Administrators seek buyer for garden machinery firm | ADMINISTRATION
Shropshire-based garden machinery company Oakley’s has...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.