WHAT EVERYONE WANTS MF SAVING JOBS

evening express logo 390x285 1 - WHAT EVERYONE WANTS MF SAVING JOBS

Tycoon in multi million bid for debt-hit store

Monaco-based Michael Flacks used to supply clothing to the 130 stores and now says he hopes to take “the opportunity of a lifetime” to buy the chain and save thousands of jobs. Parent company Tradegro put What Everyone Wants into receivership two weeks ago threatening 2500 jobs, 750 of which are in Scotland. Mr. Flacks insists his plans to buy the chain are genuine and has promised not to lay off any staff he is successful in his negotiations with administrators Ernst & Young who are handling the sale.

 

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Mergermarket

RENE LEZARD FG MOVES INTO FASHION

Flacks Group to put in repeat offer for insolvent Rene Lezard

In order to promote growth, Flacks intends to focus on Rene Lezard’s internationalisation and digitisation as well as brand extensions,...
WirtschaftsWoche

INTERVIEW WITH MICHAEL FLACKS

US-Investor Michael Flacks erzählt, warum er in Deutschland

WirtschaftsWoche: Herr Flacks, Sie haben als Investor Unternehmen mit 25 bis 500 Millionen Euro und aus der Bauwirtschaft im Visier...
The New York Times

FLACKS GROUP EVALUATING POSSIBLE DEAL TO BUY BRITAIN’S LAURA ASHLEY

Investment firm Flacks Group said on Monday it was in the preliminary stages of evaluating a possible deal to buy Laura Ashley Holdings Plc, valuing the British fashion retailer at £20 million.

Florida-based Flacks said any possible offer would be limited to 2.748 pence in cash for each Laura Ashley share. The retailer,...
Mergermarket

ZIPPEL ACQUIRED BY FLACKS GROUP FROM SUGINO MACHINE

Zippel acquired by Flacks Group from Sugino Machine

Flacks Group, the Florida-based industrial holding company, has acquired Zippel, the Germany-based cleaning machines maker, from Sugino Machine, the Japan-based...
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