Doncaster-based bathroom retailer Victoria Plum has been acquired by AHK Designs Limited, the company which owns Beds.co.uk, for an undisclosed sum.
The acquisition includes Victoria Plum’s head office and nationwide distribution network, with all the company’s 300 employees set to transfer to the new owner.
Endless acquired Victoria Plum in 2019 from US private equity firm TPG for £200m, and oversaw three years of profitable growth. In Victoria Plum’s latest accounts, the firm posted pre-tax profits of £736,000 for the 12 months leading up to February 2022, a drop from £1.6 million the year prior.The group also took book retailer The Works to the public markets.
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