Endless puchases Webb Group from Findel
Endless has acquired Webb Group Limited for £1 from multi-channel retailer Findel Plc.
Webb Group is composed of two main trading divisions, which include Choices UK Group Limited and Webb Ivory Burton Limited. Choices supplies home entertainment products such as games, DVDs and music. Webb Group is a mail order business that sells TV, film and entertainment DVDs.
Endless will also be providing £15m in investment and working capital to support the company during the Christmas sales period.
The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.
If you have any information regarding this transaction, please contact Alexandra Carrera on +44 20 7004 7527 or alexandra.carrera@incisivemedia.com
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