News | Not uncontroversial

Back

Several prospective buyers for Homebase and Bunnings UK

The British Homebase chain has belonged to Bunnings for two years and thus to the Australian Wesfarmers group.

The British Homebase chain has belonged to Bunnings for two years and thus to the Australian Wesfarmers group.

There are reported to be several prospective buyers for Homebase. The ailing British chain of DIY stores has belonged to Bunnings for two years and thus to the Australian Wesfarmers group who wishes to sell off its loss-making commitment in Great Britain and Ireland. This was reported by Sky news who specifically mentioned three names.

The most controversial of these is probably Opcapita. This investment company owned the electronics retailer Comet, which went bust in 2012, shortly after coming into ownership by Opcapita. In addition, the news service names the financial investors Endless and Alteri, who see themselves as transformational investors. For example Alteri writes on its website: "We are focused exclusively on investing in challenging situations in the European retail sector."

|14 May 2018


SEND
 PRINT 

Post a comment

* Please complete the areas marked in red correctly and in full!.



(will not be published)

* obligatory fields


Latest news

Plus 8.2 per cent in the second quarter saves the first half of the year for the industry

The DIY store trade in Germany made total gross sales of EUR 9.76 bn in the first half of 2018, thus gaining an increase in sales of 1.7 per cent View news...

Bauhof in Estonia sold to Lithuanian group Vilniaus Prekyba

The Estonian DIY store and building materials chain Bauhof has been sold. The Lithuanian trade company Vilniaus Prekyba acquired 100 per cent of the View news...

Würth targeting massive expansion in Italy

The German retailer Würth is targeting massive expansion in Italy. The company, which specialises in fastenings, aims to increase its number of View news...

Homebase reported to be closing up to 80 stores

Up to 80 stores belonging to British DIY chain Homebase are expected to close next week, according to reports on Sky News and in The Guardian's View news...

Actual figures

Statistics Home Improvement Europe


Statistics Home Improvement
This brochure provides a competent overview of the situation in the Home Improvement sector in 31 European countries.

Order now!

6th Global DIY Summit 2018

Einhell, Power X-Change range

Einhell

Einhell at the Global DIY Summit

More than 1 100 participants came to the 6th Global DIY Summit in Barcelona. Here are the portraits of some of the most important companies that exhibited at the International Congress Exhibition.

Gallery