KM Financial Solutions | Deloitte sells Mamas & Papas to Bluegem Capital
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Deloitte sells Mamas & Papas to Bluegem Capital

Deloitte sells Mamas & Papas to Bluegem Capital

Accountancy firm Deloitte said on Friday
it had sold Mamas & Papas Retail to private equity firm Bluegem
Capital Partners, leading to the shutdown of six loss-making
stores and 73 job losses in the British nursery retailer.
The news of the sale of the company, which sells pushchairs,
car seats, furniture, clothing and other nursery products, comes
days after baby products retailer Mothercare said it
would shut all its British stores.

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