ReSolve secures share sale of a retail logistics supplier - Resolve Group UK

ReSolve secures share sale of a retail logistics supplier

warehouse

ReSolve secures share sale of a retail logistics supplier

ReSolve is pleased to announce the sale of the shares of Denwells Limited, a fashion processing and pre-retail logistics supplier to major high street stores, supermarkets, mail order companies and independent stores.   Founded in 1985, Denwells offers a wide range of pre-retailing services, warehouse storage and distribution of goods.

After an accelerated marketing campaign, ReSolve were pleased to sell all shares to French Sole Holdings Limited, securing the employment of all staff and future of the business in a challenging environment with the backdrop of the Coronavirus pandemic.

David Howick, Director acting for French Sole Holdings Limited said:

“We are delighted to take ownership of the iconic Denwells business and are proud to have acquired the business with its wealth of history and experience. We are keen to revive and develop the business and looking forward to the challenges that lie ahead in the coming months.”

’It was especially pleasing to secure the share sale of this well-established supplier to the retail sector at this particularly challenging time for the retail industry. We wish them every success in the future.’

Nathan Bickley-May, Senior Manager, ReSolve

Read more news

Go back