Hubaco grows with YourSchoolUniform.com buy
Alfreton sportswear dealer Hubaco has acquired YourSchoolUniform.com, headquartered in Peterborough.
The move comes after Hubaco last month announced plans to invest in the online school wear supplier to help fund its future growth.
Hubaco, a family run business, has now acquired 100 per cent of the share capital in the company.
The sportswear dealer owns brands including Terra Nova Equipment, Wild Country and Extremities and children’s outdoor gear retailer Little Terra.
Hubaco said that since its initial investment in the online retailer last month, it has secured stock and working capital to help boost the business.
A franchised network to grow business within schools is also being planned for YourSchoolUniform.com to assist with sales growth.
Andy Utting, the new managing director of YourSchoolUniform.com, said: "We’re very pleased with this acquisition which offers plenty of long term opportunities.
"It’s a good fit with Hubaco’s children’s business, which retails outdoor and ski wear products from high quality brands such as Spyder, Columbia, Sprayway and Jack Wolfskin."
Hubaco distributes its products throughout Europe, America, and the Far East. It also has a strong offshore supply base in addition to its manufacturing facility in Alfreton.
