skip to main content
Find Insight DIY on
* * *

UK DIY News

Focus pursuers show colours

Cerberus Capital Management, the private equity firm is believed to be working closely with Hilco the US distressed debt specialist, in its bid for Focus DIY.

An announcement about the future of the group that ir currently labouring under £280m of debt, is expected by the end of next week.

The DIY retailer was put up for sale in January 2007, after it became clear that its sales were not growing fast enough to service its debt burden. Its banks set a JUune deadline for the deal.

01 June 2007
view more UK DIY News
*

I find the news and articles they publish really useful and enjoy reading their views and commentary on the industry. It's the only source of quality, reliable information on our major customers and it's used regularly by myself and my team.

*
Simon Fleet - Sales & Marketing Director, Thomas Dudley Ltd
Newsletters

Don't miss out on all the latest, breaking news from the DIY industry