Lakeland close to securing Hilco-backed takeover

Superdry investor Hilco Capital is close to securing a deal to fund the buyout of Lakeland.
The ex-Homebase owner and Lakeland’s management are in advanced talks about a deal to take control of the homewares retailer, Sky News reported.
It is understood a deal could be formally agreed in the coming days.
The retailer, which employs around 1000 people, operates 59 stores across the UK and is headquartered in Windemere. Related StoryLakeland latest retailer targeted by Modella Capital26/03/2