Retail investor Modella Capital set to purchase Hobbycraft

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One of the UK’s top arts and crafts retailers, Hobbycraft, is on the cusp of being acquired by a specialized investor with a strong track record in supporting successful retail chains. According to reliable sources in the City, Modella Capital is currently in advanced negotiations to purchase Hobbycraft from private equity firm Bridgepoint. The deal is expected to be finalized within the next few…

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