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The Guardian - UK
The Guardian - UK
Business
Jasper Jolly

US private equity giant poised to take over online retailer The Very Group

Very Very Group David Barclay United States Carlyle Littlewoods Carlyle Group
a picture of a Very Group warehouse and logistics centre
The Very Group is an online retailer which bought the Littlewoods catalogue brand in 2002. Photograph: eye35 stock/Alamy

The Barclay family is set to lose control of another part of their former business empire with a US private equity firm taking control of online retailer the Very Group.

Washington-headquartered Carlyle Group is expected to announce it has taken over the retailer as soon as Monday morning.

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