skip to main content
Find Insight DIY on
* * *


Will Hilco Swoop on Bathstore?

Bathstore website 725 x 500.jpg

Sky News has reported that Hilco, the private equity company which owns Homebase, is looking to acquire Bathstore.

On Wednesday of this week, it was reported that Bathstore was close to appointing administrators, with an announcement expected next week by accountancy firm BDO, which is understood to be in line to handle the potential administration process.

The report indicates that a small number of parties might have an interest in taking on a cut-down Bathstore business.

Hilco acquired Homebase in May 2018 after a disastrous spell of ownership by Australian conglomerate Wesfarmers, which bought the business in January 2016.

Sky News stated that neither Hilco nor BDO would comment on the matter and Bathstore could not be reached for comment.

Source : Insight DIY Team

For all the very latest news and intelligence on the largest UK home improvement and garden retailers, sign up for the Insight DIY weekly newsletter.       

21 June 2019

Related News

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

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