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Lion Capital acquires The DMC Group

BlueGem Capital Partners has sold The DMC Group, which comprises of leading European needlecraft brands, including DMC, Wool and the Gang and Sirdar, to Lion Capital LLP. BlueGem formed The DMC Group in August 2016 as a consolidation platform for complementary needlecraft brands, following the acquisition of DMC and Wool and the Gang. This then...

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Report

Liberty London could be sold for 350 million pounds

Liberty London department store could be going up for sale after its largest shareholders hired bankers to explore a potential sale of its stake in the business, Sky News reports. Private equity firm BlueGem Capital Partners has “asked UBS to sound out prospective bidders for business” and is looking for around 300 million pounds for the deal,...

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