News roundup—Pets at Home sold, more


  • Pets at Home has a new home of its own.
    Private equity firm Kohlberg Kravis Roberts (KKR) has agreed to
    buy the retailer from Bridgepoint Capital for £955
    million, including debt. KKR’s other retail investments include
    Alliance Boots. According to Reuters,
    Pets at Home had EBITDA of £70 million on sales of
    £404.2 million for the year ended March 2009.
  • Apparel cataloguer Lands’ End will make 30
    employees in its UK and Germany division redundant as well as
    another 30 in its US headquarters, according to Zacks Equity Research, as part of a
    “strategic repositioning”. Lands’ End is denying
    the claim.
  • Findel Direct’s IT director, Tim Broughton,
    talks about his company’s data management system to
    Computing.co.uk.
  • John Norris, a cataloguer/retailer of outdoor
    sporting gear, received kudos from Trout and Salmon
    magazine for its selection of flies and its customer service.
  • The Liverpool Daily Post takes a closer look at
    Home Delivery Network’s recent acquisition of
    DHL Domestic and whether the deal now enables
    HDN to grab market share from Royal Mail.

Share

Twitter Facebook LinkedIn WhatsApp

Related News


Sign up to receive our newsletter