Company Overview of Hilco UK Limited
Hilco UK Limited is a private equity investment arm of Hilco Trading, LLC specializing in restructuring, turnarounds, acquisition of under-performing businesses or divisions; implementing store closure programmes; and purchasing distressed debt positions. It seeks to invest in the retail sector. Hilco UK Limited is based in London, United Kingdom.
80 New Bond Street
London, W1S 1SB
Key Executives for Hilco UK Limited
Chief Executive and Founding Partner
European Chief Financial Officer
Compensation as of Fiscal Year 2014.
Hilco UK Limited Key Developments
Hilco to Cut 400 Jobs at Stores
Apr 13 13
The new owner of HMV is expected to cut more than 400 jobs at the music retailer. Hilco, which bought 141 HMV stores earlier this April in a £50 million deal, has sent a memo to staff earmarking several positions to be cut.
Hilco Reportedly Eyeing To Acquire Jessops
Jan 24 13
Hilco UK Limited is believed to be interested in the acquisition of Jessops plc. Hilco is in discussions with PricewaterhouseCoopers, administrators of Jessops for a potential acquisition of its brands. Retail Week reported that Hilco is a front-runner among all the interested parties. Rob Hunt, joint administrator of Jessops and PricewaterhouseCoopers partner confirmed that there are several parties interested in the Jessops brand but did not disclose any further details about the individual parties.
Stafford Also Interested In Acquisition Of JJB
Sep 18 12
Stafford Holdings Ltd. is also interested in bidding to buy stake in JJB Sports plc. Stafford Group faces stiff competition to buy JJB. Mike Ashley has reported to be the frontrunner to buy JJB. According to people close to the situation, GA Europe Investments 100 Limited, Dick's Sporting Goods Inc., JD Sports Fashion plc, Hilco UK Limited and Hargreaves (Sports) Limited have also submitted bids. The directors of JJB Sports are hoping to strike a deal this week.
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