M&A
The latest news, updates and analysis on mergers and acquisitions in the UK retail industry. Sign up to the Daily Briefing and let Retail Sector’s business journalists keep you in the picture.
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Jun- 2021 -23 June
Inc Retail Group announces Tootsa MacGinty acquisition
Inc Retail Group, a part of Inc and Co, has reportedly announced the acquisition of children’s clothing brand Tootsa MacGinty for an undisclosed sum. According to Drapers, the newly formed Manchester group completed the takeover in a bid to bolster its core offering. The group added that the deal “further…
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11 June
Wiggle acquired as part of $3.2bn deal
German online retail group Signa Sports United (SSU) has announced the acquisition of Portsmouth-based online bike retailer WiggleCRC, as part of a $3.2bn (£2.26bn) transaction with Yucaipa Acquisition Corporation. Through the deal, SSU will also acquire the Wiggle-owned Northern Irish retailer Chain Reaction Cycles. Upon completion of the combination with…
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May- 2021 -24 May
Frasers Group eyes Hugo Boss takeover
Frasers Group is reportedly considering a potential takeover of Hugo Boss, according to a recent report from The Daily Telegraph. Shares in the premium fashion brand have increased by nearly 7% in Frankfurt, valuing it at €3.2bn (£2.7bn) after the news that Mike Ashley’s retail empire may potentially takeover the…
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Apr- 2021 -23 April
THG acquires Brighter Foods Limited
The Hut Group (THG) has announced its acquisition of Brighter Foods Limited from Real Good Food plc for £43m. The group purchased the snack bar manufacturer as parts of its expansion of THG Nutrition, the D2C platform’s healthy foods range. For the full year prior to March 2021, Brighter generated…
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7 April
Frasers Group calls for Peacocks sale inquiry
Frasers Group has reportedly called for an investigation to be launched into the sale of fashion chain Peacocks to an international consortium backed by chief operating officer, Steve Simpson. According to the Guardian, Mike Ashley, owner of Sports Direct and House of Fraser, was beaten in his Peacocks takeover bid…
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Mar- 2021 -30 March
SKG targets £20m retail acquisition spree
SKG Capital, the owner of bedding and linen retailer Julian Charles, has announced that it is looking to invest £20m in retail and consumer firms across the next 12 months. The acquisitions will target retailers that the pandemic has adversely impacted, with the intentions to turn the businesses around in…
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18 March
JD Sports completes £360m DTLR deal
JD Sports has formally completed the acquisition of US sportswear brand DTLR for $495m (£360m). According to the group, the deal will further “enhance” the brand’s presence in the north and east of America. The UK retailer already has six own brand stores in the country, as well as ownership…
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Feb- 2021 -5 February
French Connection enters takeover talks
Fashion retailer French Connection has revealed it is in takeover talks with two possible suitors. In a letter from the board published on Friday 5 February, FC stated that it had been approached by Spotlight Brands and Gordon Brothers International LLC as well as Go Global Retail and HMJ International…
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Jan- 2021 -29 January
Boohoo confirms exclusive Arcadia talks
Just days after Boohoo confirmed the acquisition of Debenhams, the online retailer has announced it is in exclusive talks with Arcadia to purchase three of the collapsed group’s brands. In a short statement Boohoo said it was exclusive discussions with the administrators of Arcadia over the acquisition of the Dorothy…
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25 January
Asos joins the Topshop race
Asos has emerged as a contender to acquire Topshop, just days after highstreet retailer Next was forced to pull out of the race. In an update to the London Stock Exchange, the digital fashion retailer confirmed that it was in “exclusive talks” with Arcadia administrators to purchase the Topshop, Topman,…
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