Threshers acquires 200 Unwins stores

26/12/05 Threshers has bought 200 sites from its rival Unwins.

Administrators at Unwins said the deal was concluded overnight, and that it was Threshers' intention to reopen the stores under the Threshers brand soon after the Christmas break.

The deal, completed for an undisclosed fee, comes less than four days after HSBC, Unwins' main creditor, lost patience with attempts to rescue the firm and called in administrators.

The deal does not include the Unwins freehold head office in Dartford, Kent.

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