Fortress Investment Group completed the acquisition of Majestic Retail and Commercial and related assets of Majestic Wine for £100m.

Investment company Fortress Investment Group completed the acquisition of Majestic Retail and Commercial and related assets of Majestic Wine, the United Kingdom's specialist retailer of wine, for £100m ($121m). "I am delighted that we have managed to secure an independent future for both Naked and Majestic Retail and Commercial, allowing both companies to pursue growth by focusing on their unique propositions," Rowan Gormley, Majestic CEO.