The Jones Group Inc. announced it has acquired Kurt Geiger, Europe’s largest luxury shoe retailer based in the United Kingdom, from Graphite Capital, a leading UK mid-market private equity firm.
The investment was for a cash consideration of approximately $350 million (or 215 million pounds Sterling) in cash, inclusive of debt acquired. The transaction, which was

3i has acquired a minority stake in UK based camper utilities specialist Go Outdoors. The owners of Sheffield-based GO Outdoors said they had entered into an agreement in which 3i will acquire existing and newly issued GO Outdoors shares, representing a significant minority stake in the total share capital of GO Outdoors.
Paul Caplan, President and

Ageas UK (formerly Fortis) announced Thursday the acquisition of Castle Cover Limited for a sum of £52.8 million. The investment is in line with Ageas UK’s multi-distribution strategy and will increase its customer numbers to around 8 million. Within Ageas UK’s Retail operation, the acquisition is expected to create a combined retail customer base of

Morrison Supermarkets announced the acquisition of Kiddicare along with the rights for its technology platform. Kiddicare is a multi channel online retailer of baby products and the transaction cost £70 million. Last year, the multi channel online retailer had a turnover of £37.5 million and has grown by 75% in the past three years.
Currently, Kiddicare

Morrisons announced it has entered into a conditional agreement with Asda to acquire 120,000 square feet of additional selling space through the purchase of 16 former Netto UK stores at a cost of £28.1 million. These stores will fit very well into Morrisons’ portfolio of 437 existing stores, said the firm.  The additional selling space

Silverfleet Capital has acquired UK footwear business Office from Sir Tom Hunter’s West Coast Capital (WCC). The financial terms were undisclosed, but reports value the deal at around £150 million. Silverfeet Capital is a European private equity firm.
The UK business, Office first opened in 1981 as Office London and, following significant expansion throughout the 80s

Wereldhave announced Thursday it had reached an agreement to acquire the Dolphin Shopping Centre in Poole, Dorset, England. This asset comprises an existing mid-sized, mainly covered two level, shopping centre in one of the south coast’s major urban areas. The investment volume extends to some €101 million, about £85 million, (including costs) reflecting a net

London’s premier retail destination Burlington Arcade has been acquired by Meyer Bergman and Thor Equities. The prestigious West End facility was acquired for an estimated investment sum of 104 million pounds.  A statement from the two firms said the investment has been undertaken through a joint venture that will initially be split 80/20. However, the

Reports emerged over the weekend that one of Sweden’s foremost retailers is mulling an expansion in the UK. Clas Ohlson, the third biggest retailer in Sweden, is keen on establishing around 200 stores in Britain, a move that will create an impressive 7000 jobs. Clas Ohlson comes third to Ikea and H&M, Swedish clothing chain