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Evening Standard
Evening Standard
Business
Mark Banham

Made sets out initial cash injection of up to £70 million to save business

Made put itself up for sale last month

(Picture: Made.com/PA)

Troubled furniture retailer Made has ramped up its sale process and begun discussions with a “number of interested parties” who should expect to inject initial cash of up to £70 million in order to salvage the business.

The company formally put itself up for sale last month after a biting downturn in the home furnishing market took its toll on the business. This followed a plea for an eleventh hour bail out from financiers.

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