11 March 2020
Five months into its strategic review of Jawoll, B&M has decided to sell the German arm of its business, according to Retail Gazette.
The £11m deal
B&M has sold its 80% shareholding in Jawoll to a consortium led by AC Curtis GmbH for €12.5m (£11m). Another part of the consortium is an existing shareholder in the value retail business.
€2.5m of the transaction is payable on completion, wh...