£50m MBO for clothing group

A corporate clothing business has put on its Sunday best after undergoing a £50m management buyout from its American parent. The predominantly-UK business has been separated from Tailored Brands, which is listed on the New York Stock Exchange. The spun-out business is the UK’s largest supplier of corporate clothing uniforms and trades internationally through its four brands - Dimensions, Alexandra, Yaffy and Twin Hill. It employs more than 800 people across its offices in Castle Donington, Thornbury, Glasgow and Houston, a... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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