Mothercare poised to announce plans for division sale

Wed, 31 Jul 2019 | BUSINESS SALE



Mothercare has revealed that it is close to announcing plans to sell parts of its UK business after securing additional support from lenders.

The maternity and baby products chain is currently exploring its options for the alteration of its business footprint, including selling or separating its UK arm, as it implements its recent rebrand and moves towards an international franchising business model.

While no firm plans are thought to be in place at this time, Mothercare is expected to publish full details ahead of its annual general meeting at the end of July.

The move comes a matter of months after the retailer was forced to carry out a company voluntary arrangement (CVA) and managed to secure a funding deal that ensured its survival. This process did keep the company alive but led to the closing of 55 UK stores and the loss of around 900 UK jobs.

Last year, Mothercare was also forced to sell its Early Learning Centre business for £13.5 million in order to save its wider business, as it struggled to cope with the same difficulties with high-street trading that saw both Bathstore and Toys R Us fall into administration.

The recent announcement is thought to be the next stage in the firm's new plan to "rebuild" Mothercare, which has seen it expand its international presence to 1,000 stores. According to a statement made by the company in May, it hopes to capitalise on its new position as a "global brand", the primary job of which is to "design and then source the Mothercare branded product and distribute this product from factory to each franchise market".


Share this article



Latest Businesses for Sale

Tables, Chairs & Childcare Products to the Hospitality Industry
UK Wide

Products include table tops and bases, highchairs and stools.Operates with over 150 clients, all of whom provide reliable and repeat business.Members of the FIRA trade association.Multiple opportunities for growth.Offers invited.

Asking Price: Offers Invited
Turnover: £1,200,000

LEASEHOLD


DIY & Hardware Products Retailer
UK Wide

Functions as a one-stop shop for all of its clients’ requirements,providing complete solutions.With an average length of service of 12 years, all staff members boast strong levels of knowledge, enabling the business to forge a strong working environm...

Asking Price: Offers Invited
Turnover: £7,300,000

FREEHOLD


Online Retailer of Homeware & Giftware
Lincolnshire, East Midlands, UK

The business offers an online retail service for a wide and varying range of branded homeware, giftware and beauty items of exceptional quality. They specialise in selling British and European brands throughout the world. This is an ideal business op...

Asking Price: £2,100,000
Turnover: £3,500,000

FREEHOLD



View more businesses for sale

News Search

Latest News

 
24
 
Jan
 

Hawkin’s Bazaar enters administration | ADMINISTRATION

Norwich-based novelty toy retailer Hawkin’s Bazaar has...

 
23
 
Jan
 

MBO at Bristol-based media training firm | MBO/MBI

Mentor Media Training has been acquired by lead consultant D...

 
22
 
Jan
 

Chelmsford warehouse management firm bought by software provider | BUSINESS SALE

Chelmsford-based warehouse management solutions provider Min...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
05
 
Nov
 

Mothercare to appoint administrators | ADMINISTRATION

Baby products retailer Mothercare has announced that it will...

 
09
 
Jul
 

Mothercare store closure puts Children’s World in administration | ADMINISTRATION

Mothercare has added another nine store closures to its CVA ...

 
22
 
May
 

Mothercare confirms store closures amid insolvency | ADMINISTRATION

Mothercare has reinstated its former chief executive Mark Ne...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources