Hobbycraft has been acquired by Modella Capital
Modella Capital, which has backed chains including Paperchase, Tie Rack and Ted Baker’s UK licensing partner No Ordinary Designer Label (NODL), has acquired arts and crafts retailer Hobbycraft.
Modella Capital has completed the acquisition of arts and crafts retailer Hobbycraft after its majority investor, Bridgepoint, exited its investment after 14 years.
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