UK electrical group offloads leisure division

UK electrical goods group Alba today agreed to offload household brands including Breville and Dirt Devil in a £51.5m (€75m) deal.

UK electrical group offloads leisure division
Mon, 06 Aug, 2007 - 15:43

UK electrical goods group Alba today agreed to offload household brands including Breville and Dirt Devil in a £51.5m (€75m) deal.

The sale of Alba’s leisure division will see private equity group Rutland Partners snap up a portfolio of brands including kitchen equipment maker Breville, Nicky Clarke electrical hair products, JCB power tools and Dirt Devil vacuum cleaners.

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CourtsBusinessHeathrowPlace: UKPlace: EuropePlace: HertfordshirePlace: ManchesterPerson: Nicky ClarkePerson: Antony Worrall ThompsonOrganisation: AlbaOrganisation: BrevilleOrganisation: Dirt DevilOrganisation: Rutland PartnersOrganisation: JCBOrganisation: GrundigOrganisation: BushOrganisation: Ministry of SoundOrganisation: RutlandOrganisation: Edinburgh Woollen MillOrganisation: Harvey & ThompsonOrganisation: The Music Group
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