Hotter given £2m investment as part of CVA

// Electra, private equity owner of Hotter, invests £2m into the retailer as part of CVA
// Hotter’s CVA was revealed last month and approved by creditors
// Hotter will now push on with store closure scheme and digital accelerationThe private equity owner of Hotter is set to pump £2 million into the business as an investment as part of the retailer’s CVA procedure.
Hotter’s CVA was was approved by 99.5 per cent of creditors in late July, and the period in which len