Matalan has confirmed that it has secured an additional £25m in funding from its main investors, Invesco, Tresidor, Man Group and Napier Park. The investment will support Matalan’s multi-year business transformation plan and the delivery of its strategy.
Karl-Heinz Holland, executive chair, Matalan, said: “The funds will enable us to build on the progress we have already made in delivering our strategy, and accelerate investment across the business – from our stores through to our supply chain.”
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