The billionaire dynasty behind selfridges & co. The transaction will see selfridges group become part of the combined central and signa portfolio of luxury department stores, which owns rinascente in italy, illum in denmark, globus in switzerland and.
Following the announcement in december 2021, central group and signa holding today have completed the acquisition of the luxury retailer, selfridges group, from the weston family. Selfridges is owned by the canadian branch of the billionaire weston family.
Selfridges Was Bought By Signa And Central In A £4Bn Deal In 2021, With The Business Split Between An Operating Company And A Property Company.
Selfridges’ owners are cousins of george weston, the boss of associated british foods (abf), which owns primark, twinings tea and kingsmill bread.
The Current Holdings Comprise Rinascente In Italy And Illum In Denmark, Which Are Wholly Owned By Central Group, And Kadewe, Oberpollinger, And Alsterhaus.
Central is now looking for ways to take greater control of selfridges:
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The Billionaire Dynasty Behind Selfridges &Amp; Co.
The weston family has sold the luxury retail group selfridges to retailer signa holding and property company central group.
Historic Retailer Selfridges Has Been Bought In A Roughly £4 Billion Deal By A Partnership Of Thai And Austrian Billionaires.
