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PE owner looks for Original Factory Shop exit

Chris Barry
Chris Barry
Editor, North West

THE private equity owner of Lancashire discount retailer The Original Factory Shop is seeking an exit from the fast-growing business. understands that Duke Street Capital has hired investment bank Rothschilds - which led this year's £955m sale of Pets at Home to KKR - to run the sale process.

A price tag of between £160m and £200m has been mooted for the Burnley-based company, which like many others in the value retail sector, has enjoyed rapid sales growth as hard-pressed shoppe... for the full story register now for free or login below...

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