Online retailer The Very Group has been taken over by US private equity firm Carlyle, bringing an end to more than 20 years under the ownership of the Barclay family.
The Littlewoods and Very owner confirmed that Washington-based Carlyle – a major lender to the firm – had become its controlling shareholder, with fellow lender Abu Dhabi-based investment fund, International Media Investments (IMI), continuing as a “key stakeholder”.
