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Visage fashions £173m sale

10th March 2010

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A FASHION supplier with a major Manchester base has been sold to a global sourcing business in a deal worth up to £173m.Visage Group, which has a major office in Eccles and its distribution hub in the North East, has been bought by Li & Fung, the Hong Kong-based group. Visage is run by cousins Sanjeev Mehan from Hale and Raj Sehgal, who lives in Newcastle. The cousins bought the business in 2005 from Mr Sehgal's parents.The pair, and other shareholders, which included Bank of Scotland Integrated Finance, will receive an i......for the full story register now for free or login below...


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