The Hut Group swoops for prestige beauty firm in multi-million deal

Matthew Moulding
Online retailer The Hut Group has announced the multi-million acquisition of a beauty product developer and manufacturer. The Manchester based Hut Group is one of the fastest growing firms in the UK and recently announced it is planning to take on an extra 6,000 staff over the next three years. The company is now valued at £4bn and has underlined its credentials by swooping for beauty firm Acheson and Acheson. The deal is understood to be valued at between £50m and £100m. The Hut Group has announced that it has funds of... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...