Homebase buys Bathstore out of administration July 26th, 2019

Hilco Equity Partners portfolio company and UK-based DIY retail business Homebase has acquired Bathstore out of administration.

The deal comprises 44 stores in addition to the Bathstore brand and stock. According to a statement by administrators BDO, the deal will safeguard 154 jobs, though there remain 90 stores that will continue to trade for a matter of weeks until their display stock has been sold.

Read more here.

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