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New Deal


Announced

Completed

NEXT completed the acquisition of Joules for £34m.

Financials

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Transaction Value£34m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Completed

Domestic

Private

Majority

Friendly

clothing

fashion house

Clothing and Accessories

Single Bidder

Acquisition

Synopsis

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NEXT, a British multinational clothing, footwear and home products retailer, completed the acquisition of Joules, a British clothing company which sells clothing and homeware products inspired by British country lifestyles, for £34m. "We are excited to see what can be achieved through the combination of Joules' exceptional product, marketing and brand building skills with NEXT's Total Platform infrastructure," Simon Wolfson, NEXT CEO.

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