New private equity owner for £85m furniture firm
TBG Furniture has landed investment from Blandford Capital to buy the £85m Belfield Group furniture and soft furnishings business from NorthEdge Capital.
TBG comprises Westbridge Furniture, Tetrad, Belfield Leisure and Clinchplain and supplies the UK and export retail, leisure and furniture trade sectors from its sites in North Wales, Lancashire, Derbyshire and Romania. The firm employs almost 1,000 people - all of whom have been retained.
Tom Prestwich, CEO, and the management team will continue to lead the business under the ... 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...
