Hobbycraft owner explores restructuring

Hobbycraft owner Modella Capital is considering a restructuring of the crafts chain it bought seven months ago.
The private equity firm has hired advisors at FRP to explore potential options including a company voluntary arrangement (CVA), Sky News reported.
Sources said that no decisions had been made and that it was possible that no substantive action would be taken. Related StoryWHSmith inches closer to sale of high street business09/03/2025 x 6:44 PMA spokesperson for Modella confirmed that