Round-up | NEWS
TPG open to offers as it tries to sell off Victoria Plum
US PRIVATE equity firm TPG is reported to be trying to kick-start the sell-off of online bathroom retailer Victoria Plum but, according to Sky News, has been low-balled with some of the first bids it has received.
The private equity giant acquired
VictoriaPlum.com back in 2014 and is understood to have paid as much as £200 million for the e-tailer. According to Sky News, bids
received may have been as low as £10m, which would mean a
Caesarstone opens Manchester distribution centre
substantial loss for the buyout firm. The identity of the bidders for
Victoria Plum has not been revealed. There were rumours late last year that Victoria Plum may merge with Bathstore, which fell into administration last month.
TPG took a hit last summer when Poundworld, which it also owned, was placed into administration. Victoria Plum, was launched in 1999
by brothers Sean and Jason Walker. The Walker family bought the MFI brand out of administration in 2010.
CAESARSTONE UK has expanded its service to the north of England by opening a 20,000sq ft distribution centre in Trafford Park. The centre will act as a hub and will service the north with ambitions to cut delivery times and improve service.
The surfaces company intends to build a third centre in the next 12 months. Caesarstone has reported to have seen consistent business growth within 2018 and has committed to not raise prices in 2019.
In the next few months, Caesar- stone will also open a showroom in Trafford Park as well that mirrors the London Studio in Enfield that opened in May 2018. The new showroom will be built to appeal to the end customer, kitchen designer, and architects with a range of large displays of the variety of Caesarstone products.
Caesarstone UK managing director, Amir Reske, said: “Our UK business continues to grow at a significant rate and the opening of our Manchester distribution centre is another milestone in our long-term UK expansion strategy. We have a very healthy business in the north of England with growing demand for our products. “Our new Trafford Park location will allow us to improve on our already excellent levels of service, as well as catering for northern- based consumers by giving them a more accessible location to view our award-winning surfaces.”
August 2019 · kbbreview
Saving you time by delivering 100°C boiling and fi ltered cold water instantly, plus the usual mains hot and cold, the Omni 4-in-1 is a tap with so much to off er.
A complete system that includes the tap, heating tank and under sink fi lter, Omni is easy to install and maintain and simple and safe to use. Undeniably stylish, it’s available in a range of on trend metallic shades including Gunmetal and Copper.
So whether customers are going for a classic or contemporary look, Omni is the one to choose.
Make it wonderful at
franke.co.uk
11
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80
