UK - Phoenix set to invest in White Stuff

The founders of the business, George Treves and Sean Thomas, who collectively hold an 80% stake, are said to have picked the private equity firm as their preferred bidder for the 10-20% shareholding on sale, with the deal likely to value the company at between £70m and £80m.

White Stuff opened its first stand alone store in Clapham 1991 and has since grown considerably, now operating around 47 outlets and a mail-order catalogue.

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• Topics
• Expansion
• UK / Ireland