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LDC secures Antler luggage deal

20th May 2010

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NW luggage brand Antler has been sold to LDC

NW luggage brand Antler has been sold to LDC

LDC’s Birmingham office has backed the management buy-out of luggage brand Antler in a deal thought to be worth around £15m.The mid-market private equity firm, part of Lloyds Banking Group, said the luggage company’s strong brand meant it was ideally placed for growth in new markets in the Far East.The transaction will secure around 300 jobs at the Bury-based company, which has debts of around £25m, and was previously owned by Barclays Private Equity.The long-drawn-out process began last autumn with the appo......for the full story register now for free or login below...


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