Homebase has revealed it is up for sale after returning to profitability. We take a look at who could be in the running to acquire the DIY specialist.
After two and a half years under the ownership of turnaround specialist Hilco, Homebase is seeking new owners to drive the next stage of its growth strategy.
Bought for just £1 in 2018 after a disastrous period under the ownership of Australian retailer Wesfarmers, Hilco’s tenure has brought the home enhancement business back into the black.
Industry observers believe trade buyers are unlikely to take much interest in Homebase, so a private equity deal is most likely.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.