£25m sale of furniture company completes

The £25m sale of Warrington-headquartered furniture company Sofology to giant rival DFS has been confirmed today (Friday, December 1).

This follows the approval of the acquisition by Doncaster-based DFS by the Competition and Markets Authority 11 days ago.

Sofology operates 40 stores in the UK. The business was founded in 1974 by Brian & Margaret Tyldesley, who set-up Clayton Sales Rooms, which became CSL and finally Sofology in 2016. Chief executive Jason Tyldesley has led the business since 1996.

GCA Altium advised on the transaction.

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