M&A Deal Summary

DFS Furniture Acquires Multiyork Furniture - Certain Stores

On December 27, 2017, DFS Furniture acquired retailer Multiyork Furniture - Certain Stores from Multiyork Furniture for 1M GBP

Acquisition Highlights
  • This is DFS Furniture’s 2nd transaction in the Retail sector.
  • This is DFS Furniture’s 2nd largest (disclosed) transaction.
  • This is DFS Furniture’s 2nd transaction in the United Kingdom.

M&A Deal Summary

Date 2017-12-27
Target Multiyork Furniture - Certain Stores
Sector Retail
Buyer(s) DFS Furniture
Sellers(s) Multiyork Furniture
Deal Type Divestiture
Deal Value 1M GBP

Target

Multiyork Furniture - Certain Stores

United Kingdom
Multiyork Furniture Ltd. - Certain Stores consists of eight store leases, with six stores intended to be converted to trade as Sofa Workshop, and two intended to be converted to DFS.

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Buyer(S) 1

Buyer

DFS Furniture

Doncaster, United Kingdom

Category Company
Founded 1969
Sector Retail
Employees4,722
Revenue 987M GBP (2024)
DESCRIPTION

DFS Furniture is a retailer of living room and upholstered furniture in the United Kingdom. We design, manufacture, sell, and deliver to our customers an extensive range of living room furniture products. The business operates a retail network of living room furniture stores in the United Kingdom and Europe, together with an online channel. These have been established and developed gradually over more than 47 years of operating history. We attract customers to our stores and website through our substantial and continued investment in nationwide marketing activities and our reputation for high-quality products and service, breadth of product ranges and price points, and favourable consumer financing options. DFS Furniture was incorporated in 1969 and is based in Doncaster, England.


DEAL STATS #
Overall 2 of 2
Sector: Retail M&A 2 of 2
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 2 of 2
Year: 2017 M&A 2 of 2
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-08-03 Sofology

Golborne, United Kingdom

Sofology Ltd. is a specialist sofa retailer with a network of 37 stores in the UK which together with a strong web presence offers customers a technology-led omni-channel proposition.

Buy £25M

Seller(S) 1

SELLER

Multiyork Furniture

Thetford, United Kingdom

Category Company
Founded 1994
Sector Retail
DESCRIPTION

Multiyork Furniture Ltd. is a designer and manufacturer of sofas and interior products. Compnay offers leather sofas, corner sofas, leather corner sofas, sofa beds, armchairs, and footstools; furniture. Company was incorporated in 1994 and is headquartered in Thetford, United Kingdom.


DEAL STATS #
Overall 1 of 1
Sector: Retail M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2017 M&A 1 of 1
Size (of disclosed) 1 of 1