The management team of luggage specialist Antler is packing its bags for foreign expansion on the back of a£44 million MBO funded by Barclays Private Equity.
The retailer has 24 factory outlet stores and more than 70 UK department store concessions. Joint managing director Pat Bridge said the deal would trigger ambitious expansion.
'We are looking to invest even more in product development to improve and expand our range,' said Bridge.
'We look forward to working with Antler's management and supporting their plans,' added Barclays Private Equity director Anton Wellenreiter.