skip to content


Findel completes sale of Kitbag

02 February 2016 07:27

Findel has completed the sale of its subsidiary Kitbag to Fanatics UK Holdings, a newly formed subsidiary of Fanatics Inc, the US market leader for officially licensed sports merchandise. The gross consideration payable at completion is GBP11.55 million in cash subject to an adjustment based upon the working capital position of Kitbag at completion. The cash proceeds will be used to further reduce the Group's bank debt and to help drive further growth within the Group's core businesses, Express Gifts and Findel Education.

Story provided by

Related Company: FDL

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg -

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.