The Hut Group gets £125m equity investment
Online health and beauty specialist The Hut Group has received a £125m equity investment by Old Mutual Global Investors.
In deal brokered by Zeus Capital, OMGI with £29bn under management made Cheshire-based THG its first private sector transaction as it sought to broaden its investment abilities.
It followed news that THG was putting the £125m stake in its business up for grabs.
THG, led by founder Matthew Moulding, is fast becoming the world’s most influential online retail organisation.
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