Europe’s largest health food chain has been bought by L1 Retail, an investment fund run by Mikhail Fridman
Holland & Barrett has been acquired for £1.8bn by a retail investment fund controlled by Russian billionaire Mikhail Fridman.
L1 Retail, a division of the tycoon’s LetterOne holding company, purchased the retailer from its parent firm, Nature’s Bounty, which is owned by the private equity firm Carlyle.
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