Thu, 22 Jun 2017 | DIVISION SALE
The company behind Superdrug has made an indicative offer for health products retailer Holland & Barrett.
AS Watson Group, part of the Hong Kong-based giant CK Hutchison Holdings, has put in an indicative offer that values Holland & Barrett at over £1 billion. Takeover talks have begun, and are at a “relatively early stage”.
Holland & Barrett, which is part of NBTY, is also receiving interest from private equity firms and other retail investors.
It’s private equity owner Carlyle is aiming for a sale of NBTY in its entirety. The largest portion of NBTY is Nature’s Bounty, which makes and retails nutritional products. A sale of NBTY would command a figure of around $6bn, yet Carlyle is clearly open minded and is now considering bids for parts of the group.
Holland & Barrett sells its products from almost 1,400 shops across 16 countries, about half of these are in the UK. Based in Warwickshire, it employs about 350 people at its head office and thousands in its outlets.
AS Watson owns The Perfume Shop and Savers, as well as Superdrug.
Find retailers for sale
Subscribe to the Business Sale Report
This established business specialises in the maintenance of heating, cooling, ventilation and refrigeration in industrial, commercial and domestic markets providing a high volume of repeat business from regular call cycles.
LEASEHOLD
The Business sells a variety of accessories for the fitness market through Amazon, ebay and its own website. In the financial year 2019-2020 the Business achieved a turnover of £6 million and is currently on track to do sales of £10 million in the cu...
WEB-BASED
Service offering includes, planning and design, installation and project management, service and maintenance and consultant design. The business also offers retail refrigeration units, air conditioning and licensed trade catering equipment. Benefits...
LEASEHOLD
|
04
|
|
Dec
|
BiFab falls into administration after Scottish government withdraws support | ADMINISTRATION
Fife-based renewables engineering firm Burntisland Fabricati...
|
03
|
|
Dec
|
SDI Group acquires lab equipment firm in £5.8 million deal | BUSINESS SALE
Acquisitive science and technology firm SDI Group has bought...
|
02
|
|
Dec
|
Bonmarché falls into administration | ADMINISTRATION
Fashion retailer Bonmarché has fallen into administra...
Sign up to receive our acquisition alert emails to get your FREE guide
|
08
|
|
Oct
|
2018: Top Track 250 | BUSINESS NEWS
It's often difficult for businesses to achieve growth o...
|
10
|
|
Sep
|
Health company acquires mint and gum maker | BUSINESS SALE
Newcastle-under-Lyme-headquartered health group Health Made ...
|
23
|
|
Sep
|
Sale on the cards for Addison Lee | BUSINESS SALE
Cab firm Addison Lee has turned away from a listing on the s...
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