Argos owner snaps up Alba brands

Argos owner Home Retail Group today bought household names Alba and Bush from their struggling owner for £15.25m (€18m).

Argos owner snaps up Alba brands
Thu, 27 Nov, 2008 - 12:14

Argos owner Home Retail Group today bought household names Alba and Bush from their struggling owner for £15.25m (€18m).

Elstree-based distributor Alba had planned to stop supplying both consumer electronics brands, but Argos stepped in to snap up the trademarks popular with customers looking for cheaper stereos and TVs.

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