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Hut Group lining up $100m swoop for US firm

Date added: 20/09/2016








WARRINGTON-based online retailer The Hut Group is teeing up a $100m takeover of US dieting and sports nutrition company Ideal Shape. Sky News is reporting the The Hut Group is set poised to unveil the acquisition in the next few days, the latest in a string of purchases which has seen it become of the UK’s most ambitious digital retailers. The Hut recently bought Skinstore from Boots the Chemist and now also owns Myprotein, Grow Gorgeos and Myvitamins.Ideal Shape, founded in 2003, is a specialist for female consumers and is gr.....

Read more at thebusinessdesk.com



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