Retailer bought for £100,000
Home shopping, educational and medical supplies company Findel has acquired The Cotswold Company for£100,000.
Cotswold is a multi-channel home furnishings and accessories retailer, with a customer database of more than 200,000. It has a growing online business, which accounts for 50 per cent of the brand's£20 million turnover and has increased more than 30 per cent in the past two years.
Findel chief executive officer Patrick Jolly said: 'Cotswold is an excellent addition to our fast-growing cash-with-order division. It has a great brand and product offering and we believe that, as part of the Findel business, we can deliver the support that it requires to become even more successful in the future.'
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