Spice Private Equity has agreed to invest up to $300m in The Craftory, a newly-formed UK-based investment group focusing on consumer goods, alongside other investors.
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Endless and Alteri Investors were also reportedly in the bidding process for the UK DIY retailer
Acquisition of Hawthorn's 298 pubs expands NewRiver's pub portfolio to 629 locations
Forecast's management team will stay on with the business following the deal