MBO at Haskins as furniture division is sold

5th March | independents | Haskins Furniture has been sold to its md Garry Preston and is no longer part of the founding Haskins family business. The MBO follows a £3m development of the Haskins Retail Centre in Shepton Mallet, Somerset, where Haskins Furniture will be based in a 20,000sq ft showroom.

The Haskins Group will continue to run the Retail Centre, which also houses other retailers including Hammonds and supermarket chain Aldi, together with a number of other business interests.

The deal will also result in the closure of a distribution centre. Haskins Furniture is among the largest independents in the west of England and sells brands including Stressless, Relaxateeze, Celebrity and Willis & Gambier.