WHSmith Buyer Modella Capital Lines up Takeover of Flying Tiger Chain
5 Articles
5 Articles
Owner Of TGJones Hoping To Capture Flying Tiger
Modella Capital, the private equity firm that bought WHSmith’s high street arm last year and rebranded it as TGJones, is reported to be closing in on a takeover of Flying Tiger Copenhagen. The chain is known for its low-priced Scandi-style (more…) The post Owner Of TGJones Hoping To Capture Flying Tiger appeared first on KamCity.
FLYING TIGER: Firm behind former WHSmith store closure plans set to buy quirky Danish chain — we reveal what this could mean for Swansea and Carmarthen
Quirky Scandinavian brand Flying Tiger Copenhagen looks set to come under the ownership of a private equity firm that has presided over the recent collapse of several other well-known retail brands. Modella Capital is closing in on a deal to buy the Danish variety retailer — including its two south-west Wales outlets in Swansea and Carmarthen. The deal — first reported by The Times and tipped to be announced imminently — would add Flying Tiger’s…
Modella Capital nears takeover of Flying Tiger Copenhagen
TG Jones owner and private equity firm Modella Capital is reportedly nearing a takeover of Flying Tiger Copenhagen in a deal that aims to expand its international retail footprint, according to the Times. The London-headquartered fund is close to an agreement with the retailer’s owners, Danske Bank and Nordea, following a strategic review of the business. Flying Tiger, which operates around 900 stores globally including 80 in Britain, reported …
Flying Tiger Reportedly Up for Sale as Modella Capital Nears Deal
Danish retail chain Flying Tiger Copenhagen, which also operates stores in Türkiye, is reportedly close to being acquired by private equity firm Modella Capital. According to Turkish business outlet Patronlar Dünyası, Modella Capital is nearing an agreement with the company’s owners, including Danske Bank and Nordea, for the takeover of Flying Tiger. Modella Capital previously drew attention in the UK retail sector after acquiring the retail ope…
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